Small Business Loans

Running a business can be challenging! From handling the day-to-day operations to making long-term decisions on things like growth strategy — managing a business is no small feat. No one understands small business owners like we do. Our Small Business Banking Specialists have the expertise, knowledge, and financial tools to help you take your business wherever you want it to go.

Small Business Loans are business purpose loans that are up to $500,000. Canal Bank participates in various loan programs for business financing, including U.S. Small Business Administration (SBA) – a program that provides guarantees for business loans for working capital, equipment purchases, or the construction, renovation, or purchase of real estate.

Benefits

• Payments are automatically deducted from a Canal Bank checking or savings account
• Saves money
• Competitive rates
• Quick turnaround time for decision and closing

Apply for a small business loan at any of our branches or by filling out the application. Please contact one of our Small Business Loan Specialists today by phone at 800-836-3711 and let us know how we can help move your business forward.