Financing for small and medium size businesses is a challenge. Central National Bank can help you evaluate your needs and hopefully find a program that will work for you.
In addition to our in-house financing, we at CNB offer these various ways to finance your business ventures:
- SBA loans
- Business & Industry (B&I) & Rural Development loans
The B&I (Business and Industry) guaranteed program is offered through the Department of Rural Development by the USDA. This program promotes business expansion in rural areas. Loan proceeds may be used for:
- Working capital
- Purchase machinery or equipment
- Commercial real estate