Commonwealth Business Bank is a full-service bank that provides Small Business Administration (SBA), commercial, and real estate lending products. Its loan offerings include debt refinance, working capital, machinery and equipment purchase, and more. In this article, we cover Commonwealth Business Bank reviews and pricing. Ready to get started? Visit its website.
Commonwealth Business Bank Pricing
Commonwealth Business Bank pricing and rates vary based on several factors. For its SBA 7(A) program, the maximum loanable amount is $5 million which should be paid in full within seven to 25 years, depending on the type of loan. Interested clients may contact Commonwealth Business Bank’s sales team for more information on other loan products.
Ready to get started with Commonwealth Business Bank? Visit its website.
Top Commonwealth Business Bank Alternatives
SBA 7(a) loans over $500,000 from the top SBA lender
SBA loans from a traditional bank with extensive lending experience
SBA loan marketplace that can offer funding in as little as 30 days
Nationwide funding from an established traditional lender
Evaluating funding options with a free online lending marketplace
Summary of Commonwealth Business Bank Reviews
As of the date this article was written (Sept. 10, 2019), there are no Commonwealth Business Bank reviews online. If you are a past or current Commonwealth Business Bank customer, leave a review to help other business owners who are deciding whether or not to use the company.
Top Lender Picks From Fit Small Business
Best SBA Lenders: Top 100 SBA Lenders: With more than 3,000 SBA lenders nationwide, choosing the best SBA lender can be difficult. Some of the best SBA lenders approve average loan amounts of about $75,000 to more than $1.5 million, with interest rates averaging around 6.5% to more than 9.4%. In this guide, we’ll show you the 100 top SBA lenders per current SBA data, and review 10 of the top SBA lenders.
Commonwealth Business Bank Features
Check out the list below of some of Commonwealth Business Bank’s features:
- SBA 7(A) loan
- SBA 504 loan
- Business line of credit
- Professional loans
- Trade finance
- Business property loans
- Commercial real estate loans
- And more
Commonwealth Business Bank FAQs
Does Commonwealth Business Bank offer mobile banking services?
Yes. Its mobile banking services allow users to view and download an electronic copy of their statement, pay bills, transfer funds, and more.
What can I buy using Business Property Loans?
Clients can use their approved business property loan to purchase or refinance properties such as warehouses, offices, gas stations, convenience stores, grocery stores, restaurants, auto repair shops, and various retail stores.