New Business
Starting a new business is exciting! CornerStone Bank welcomes the opportunity to serve as your financial partner from the beginning. We understand that the process of borrowing money for the first time can be both confusing and frustrating. Our lending team is prepared to help you analyze your financing options.
Business Lines of Credit
CornerStone Cares about helping large and small businesses have the cash they need to meet their seasonal and operating cycles. Business Lines of Credit can be used to purchase inventory or help with cash flow while collecting receivables. A Business Line of Credit can be secured or unsecured and is available in terms up to 1 year with renewal options.
Equipment
CornerStone Cares about helping large and small businesses obtain the equipment they need to improve their businesses’ operations. Equipment loans are a great way to purchase, rent or lease new or used equipment. Loan terms are typically from 5 – 7 years.
Commercial Real Estate
CornerStone Cares about helping large and small businesses obtain the property they need to start or expand their businesses. We offer Commercial Real Estate loans with amortizations up to 20 years with a 5-year term. There are also options for fixed rate loans with balloon payments or adjustable rates.
Commercial Real Estate loans can provide financing to purchase the following types of property:
- Single-family rentals
- Multi-family rentals
- Owner occupied commercial space
- Non-owner occupied commercial space
- Industrial sites
- Land development sites
Construction
CornerStone Cares about helping large and small businesses improve their physical sites through expansion, renovation or new construction. Construction loans offer flexible terms to match each project’s needs. They are available for Commercial or Residential properties, whether owner occupied or built as investment. Loan rates are variable, based on the Wall Street Journal Prime Rate.
Agriculture
CornerStone Cares about helping large and small farms secure the loans they need to finance land, equipment and other expenses for their operations. Agricultural loans offer flexible terms to match a farm’s cash flow and can be used to finance land, equipment and other expenses.
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