LocationsLoans
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 in the form of a revolving line of credit based on a percentage of the value of the company's assets, such as commercial accounts receivable and inventory.
For more information, contact Mike Byrne at 609-578-4606 or email him at mbyrne@1stconstitution.com .
Credit Lines
1st Constitution Bank's Credit Lines provide your business with available funds for a specific time period. The revolving nature of these products allow you to re-use your credit line as you pay it back.
Term Loans
Are you looking to expand your business, purchase equipment or acquire another business? Do you simply need long-term working capital? Our Term Loans, with repayment schedules over a long period of time may be right for you.
Commercial Mortgages
1st Constitution Bank offers term 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.
SBA Loans
1st Constitution Bank is a participant in the SBA Preferred Lender Program. Our SBA department makes credit decision on behalf of the SBA. You receive faster decisions, shorter turnaround time and quicker access to proceeds.Â
SBA loan program provides two key advantages:
- Long-Term amortizing loans
- Minimal equity requirements
SBA 7(a) Loan
An SBA Loan provides financing for various purposes for your small business under guarantee of the U.S. Small Business Administration (SBA), a federal agency created to provide financial assistance for small businesses.
An SBA 7(a) loan provides financing for various purposes for your small business including:
- Business real estate purchase
- Business acquisition
- Equipment purchase
- Refinance
- Construction
- Working capital
 SBA 504 Loan
Business owners receive up to 90% financing for the purchase, construction and renovation of owner-occupied real estate or for purchasing machinery and equipment. SBA 504 Program provides growing businesses with long-term, fixed-rate financing for fixed asset projects.
Benefits:
- Fixed and variable rates available
- Up to 90% real estate financing
- Loan amounts up to $12,000,000
Contact Steve Seong by phone at 201-244-9300 ext. 5561 or by email at sseong@1stconstitution.com.
News & Events
Press Releases
May
1st Constitution Bancorp Reports a 13.6% Increase In Net Income
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Jan
1st Constitution Bancorp Reports Strong Fourth Quarter and Annual Results
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