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Small Business Loan Special
Get the capital you need to build a Better Business with our Small Business Loan Special today! It can be used to finance equipment, vehicles, owner-occupied commercial real estate, and provide long-term working capital. We welcome all eligible small business owners and are here to support you every step of the way.
Initial Term Rate | Low/Mod Income Tract^ Interest Rates As Low As |
3- Year, 6- Month Fixed Rate* | 8.49% |
5- Year, 6- Month Fixed Rate* | 8.74% |
Term loans (equipment, etc.) can be amortized up to 7 1/2 years.
Owner-occupied commercial real estate can be amortized up to 25 1/2 years.
Mybiz Free Business Checking
Keep your personal and business finances separate with a Free Business Checking account.
- Free First 400 Transactions1
- Business Debit Card
- Online and Mobile Banking
- Autobooks Digital Payment Acceptance***
- Access to QuickBooks
- Bill Pay**
- Person to Person Payments
- Mobile Check Deposit**
- Multi-TIN Account Access
Open Free business checking account.
Small Business Solutions
Savings
Our business savings account options help you meet your financial goals — whether your saving for a new business venture or growing your current business.
Online & Mobile Banking
Simplify your banking and enjoy 24/7 online access to your accounts. Use your computer or download our mobile app to do almost everything you would do in a branch.
Autobooks
Everything your business needs to get paid - digital payment acceptance and invoicing, plus accounting and reporting options. Access it inside the Mybiz and Mybiz Plus online and mobile banking.
Loans and Financing
We offer a variety of small business loans, lines, and letters of credit to meet the needs of your growing business.
Disclosures
^Discounted loan rates are available on fixed-rate loans located in Low/Moderate Income (LMI) tracts in all Centier Counties served: Allen, Elkhart, Lake, LaPorte, Marion, Marshall, Newton, Porter, St. Joseph, and Tippecanoe counties. The rate discount represents a minimum discount of 0.50% on loans in LMI areas. To be eligible for the discount, loans must qualify as CRA or Community Development Loans. This offer is not available for non-LMI loans.
*Rates are fixed for the initial 6-month period. Rates will then be adjusted at end of the first 6 months, and then quarterly thereafter, using the current WSJ Prime Rate + the applicable spread (.49% or .74%). Limited time offer. No origination fee (minimum $300) with monthly auto debit from a Centier Business Checking account. Without monthly auto debit, normal fees will apply. Loan amounts are limited to $10,000 - $500,000 and total borrowing from Centier may not exceed $500,000 to qualify for this special. Total loans in this program will be limited to the first $5 million approved by Centier Bank. This loan special is for new business loans only. May not be used to refinance an existing Centier loan. SBA loans are not eligible for this loan special. Customary SBA rates will apply. Subject to loan approval. Borrowers are responsible for any customary third-party closing costs, such as an appraisal fee, title work, survey, UCC filings, etc. Rates are subject to change. Expires 6/30/23.
1Transactions include checks, deposits, and deposited items. $.25 per item fee thereafter. Debit Card transactions and received ACH entries are not included in the itemized count. Monthly cash deposit greater than $40,000 will incur a $.15 charge per $100.
**Bill Pay and Mobile Deposit subject to Client's required activity and Bank's approval.
***Once activated, service is free for the first two months and then $10 per month thereafter. There is an additional charge of 3.49% for card-based transactions and 1% for ACH-based transactions. There are no equipment costs or per-item charges.