Lines of Credit:
Working capital lines for your short term and seasonal needs.
For dealers financial needs.
Letters of Credit:
For that commitment to one of your vendors or suppliers.
Single Pay Time Notes:
For your short term financial needs.
Commercial Equipment and Machinery Loans:
For expansions and growth.
Commercial Real Estate Loans:
20 year amortization schedules with competitive fixed rates. Owner and Non-Owner occupied.
Interest only during construction period.
SBA 7 (A) Loan Guaranty Program:
Reduced down payment requirements.
SBA 504 Certified Development Company Program:
Two loans with long term fixed rates on SBA portion up to 20 years.
50% SBA guarantees. Streamlined approvals.
Ohio 166 Program:
For fixed asset projects with long term fixed rates.
Cortland Banks works very closely with the Mahoning Valley Economic Development Corporation to help assure that we have all of the resources available to meet your borrowing needs.