TotalBank offers a broad range of Commercial Loans, supported by highly professional and experienced Commercial Lending officers:

  • Asset Based Lending 
    Popular choice for businesses with eligible assets: primarily cash, accounts receivable, inventory, machinery and equipment, real estate
  • Commercial Term Loans
    For financing the purchase of new or qualified used equipment, vehicles, and other fixed assets
  • Construction Loans 
    Secured by Real Estate, loans specifically designed for the expansion, remodeling, or renovation of existing property or the new construction of residential or commercial property

Asset Based Lending

Your Advantage 
For companies looking to maximize their borrowing using accounts receivable and inventory as collateral, Asset Based Lending is a good option. Companies looking to improve the reliability of their cash flow may be good candidates for receivable and inventory based financing. 

Benefits
  • Revolving lines of credit up to $5 million
  • The value and quality of your company’s business assets are a primary consideration in the credit decision
  • Alternative to traditional credit based on balance sheet ratios and cash flow projection
Flexibility
Use Asset Based Lending for:
  • Accounts Receivable
  • Merchandise Floorplanning
  • Mortgage Warehousing
  • Inventory
To apply, or for more information, contact one of our convenient Banking Centers or call us at (305) 448-6500.



Business Lines of Credit

Your Advantage
A Business Line of Credit is a revolving line of credit generally used for funding cash flow needs. The Business Line of Credit gives businesses the ability to access funds on an as-needed basis up to the agreed upon credit limit. Payments to principal replenish the available credit.

Benefits
  • Revolving line of credit 
  • Secured and unsecured available
  • Smoothes out fluctuating cash flows
Flexibility
Use credit line for:
  • Purchase of equipment and materials
  • Financing inventory
  • Emergency funds
To apply, or for more information, contact one of our convenient Banking Centers or call us at (305) 448-6500.

Commercial Term Loans

Your Advantage
Commercial Term Loans are designed for the purchase of fixed assets such as new or qualified used equipment and vehicles to help the business grow. These loans have fixed terms and may have fixed rates or variable rates. 

Benefits
  • Longer terms for larger expenditures
  • Fixed repayment length 
  • Fixed monthly payment amount
  • Low down payment requirements
  • Low closing costs
Flexibility
Commercial Term Loans can be used for a broad range of fixed assets:
  • New and used machinery
  • New and used equipment
  • New and used vehicles 

To apply, or for more information, contact one of our convenient Banking Centers or call us at (305) 448-6500.



Commercial Real Estate Loans

Your Advantage
Commercial Real Estate Loans are specifically for the purchase or refinance of all types of commercial real estate properties. Offer fixed rate and fixed term financing. 

Benefits
  • Long term amortization with balloon 
  • Fixed rate or variable rate 
  • Fixed term options available
  • Extended terms available for owner-occupied property
  • Low down payment requirements
  • Low closing costs
Flexibility
Suitable for all types of Commercial Real Estate including:
  • Office buildings
  • Warehouse/industrial properties 
  • Retail buildings
  • Service stations
  • Multi-family properties
  • Individual office condominium units
To apply, or for more information, contact one of our convenient Banking Centers or call us at (305) 448-6500.



Acquisition, Development and/or Construction Loans

Advantage
Loans secured by Real Estate for the expansion, remodeling or renovation of existing property or for new construction of residential or commercial property.

Benefits
  • Long term amortization with balloon 
  • Fixed rate or variable rate 
  • Fixed term options available
  • Conversion to mini-perm repayment options
  • Extended terms available for owner-occupied property
Flexibility
Suitable for many types of Commercial construction including:
  • Office buildings
  • Warehouse/industrial properties 
  • Single family homes
  • Multi-family townhouses or condominiums
  • Residential projects
  • Hotels
TotalBank’s construction financing team has the proven experience to guide your construction project at every stage.

To apply, or for more information, contact one of our convenient Banking Centers or call us at (305) 448-6500.


*Loans are subject to credit approval and program requirements.

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