Asset Based Financing
If you are looking to improve cash flow, purchase additional inventory or capture new business opportunities, Asset Based Financing can provide your business with the funds and ongoing cash flow you need.
1st Constitution Bank's Credit Lines provide your business with available funds for a specific time period. The revolving nature of these products allows you to re-use your credit line as you pay it back.
Term loans provide a specific amount of credit to purchase assets or meet specific financing needs. The loan is paid based on a predetermined schedule or monthly principal and interest payments. Loans can be unsecured, or secured by fixed asset collateral. Interest rates are generally fixed for the life of the loan.
1st Constitution Bank offers loans specifically designed to refinance your mortgage or acquire new real estate. Are you looking to expand your facility, or build a new one? Ask us about our Construction Loans.
1st Constitution Bank is a participant in the SBA (Small Business Administration) Preferred Lender Program. SBA loans are available in a variety of term loan and line of credit options. Backed by government-sponsored loan guarantees, SBA loans offer businesses who may not otherwise qualify for conventional bank loans get access to the credit their business needs to grow.