Business Loans

At Citizens Independent Bank, we realize that businesses are not one-size-fits-all. We have loans to meet the needs of start-up businesses to thriving commercial enterprises. Our professional lenders will listen to you and your needs. We’ll find the loan that fits your business. Interested? Apply for a Business Loan now.


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Automatic Advance Line of Credit (Overdraft Protection)

Link your business’s Citizens checking account to a convenient line of credit to avoid overdraft fees (subject to approval). This revolving line provides a safety net to your checking account in the event the account becomes overdrawn.

Business Term Loan (Equipment Financing)

Add equipment, machinery, or vehicles to your business. Payments are spread out over the useful life of the asset being purchased. Options include fixed or variable interest rates. 

Construction Loan

Expand your current business or remodel your property. We can tailor a loan specifically to fit your needs.

Real Estate Loan

Build your current equity or invest in a new venture. We offer real estate loans for owner and non-owner occupied properties.

Revolving Line of Credit

Manage your cash flow with the flexibility to draw on funds when needed, repay them on a revolving basis, and with a competitive rate.

SBA Loan

Affordability is key with our SBA loans. Specifically for new businesses, we have various SBA Programs to help your business. Benefits of choosing an SBA loan include long-term financing to fit your business needs and improved cash flow. 

SBA Loan Programs Available:

  • 7(a) Loans
  • 7(a) Small Loans
  • SBAExpress
  • CapLines
  • 504 Loans

Citizens Independent Bank is a Delegated SBA Lender. For detailed descriptions of the programs available, please visit the SBA website or call our SBA Specialist, Susan, at 763-302-3212.

Letter of Credit

Facilitate the purchase of inventory or other current assets with a letter of credit.