Business Loans
Do you need help financing office space, securing equipment or just growing your business? We offer an array of products enhanced by customized solutions tailored to your individual cash flow needs. As a renowned community bank, we understand your small business needs.
Get to know Carver's Business Lending Products:
Seasonal Working Capital
The seasonal working capital is a short term line of credit to help meet your business needs when seasonal cash balances are not enough, such as business fluctuations. Use the seasonal line of credit to purchase inventory, support receivables and more. A Carver Lending Specialist will assist you in finding the best financial solution for your business.
Revolving Working Capital
Do you need to continually purchase inventory or finance receivables? A revolving working capital line of credit may be your financial solution. These funds provide your business the cash it needs to continue to grow until you are able to cover your operating expenses from your revenue. Take advantage of trade discounts and more while your business makes money. Revolving lines of credit may be written for six months to one year. The interest rate is variable and interest on amounts drawn is payable on a monthly basis.
Term Loans
Installment loans are a great solution for your business. You are able to purchase machinery, equipment, finance leasehold improvements or expand your business or product line. You repay the loan from a period of one to five years with a fixed or variable rate, depending on the terms and agreement of your loan.
How to apply for a loan
For more information or up-to-the-minute rate assistance, please contact our loan hotline at 718.230.2900, visit your nearest branch, or contact us online at businesslending@carverbank.com.
