The dynamics of your business are different from every other and it is important that your banking professional understands that. At The Middlefield Banking Company, our dedicated commercial bankers work to tailor a perfect fit for your financing need. We offer the flexibility necessary to provide a quick response and the proper solution for your business. To learn more about business loan & credit options, visit the nearest branch or financial center, or contact a business banker.
Commercial Real Estate Loans
Whether you want to purchase, re-finance, improve or expand, our programs carry options for every need. Amortization generally does not exceed 20 years on new construction and 15 years on current property. Adjustable, fixed, and balloon rates are available.
Business Equipment and Term Loans
We offer customized credit facilities designed to finance a fixed-asset purchase such as equipment, vehicles, or furniture and fixtures. Term loans may also be used to restructure debt, finance expansion or provide permanent working capital. Various terms are available to meet your needs with fixed or variable interest rates.
The Middlefield Banking Company is an SBA approved lender, offering a variety of government-sponsored loans. Whether for equipment, working capital, or real estate needs, these programs are beneficial when you may not meet the usual collateral or cash flow requirements.
Revolving Lines of Credit
To manage temporary cash flow and seasonal borrowing needs, the design of this borrowing facility provides the necessary flexibility. The line, which is based on your companys asset levels, can be renewed from year to year. Funds may be borrowed as needed, with principal paydowns made at any time.
Our lenders will work with you to find the right combination of operating lines, equipment, or real estate financing. We work together with you to find the best possible products and services that meet the needs of the individual farming operations.
Business MasterCard and Visa Card
Different types of businesses need different types of business cards. Our cards are uniquely designed to help manage your companys everyday expenses. While carrying a competitive interest rate, it allows you to separate your business expenses from your personal ones.
Business Cash Reserve
Our business cash reserve account is an unsecured line of credit that you may access through your business checking account. Once your line of credit (up to $5,000) has been approved, you can use it whenever and wherever you need. Your business cash reserve can also protect your account against unintentional overdrafts.
Letters of Credit
We offer both a Standby and a Documentary Letter of Credit. These are designed to facilitate business between buyers and sellers, generally at a long distance. A loan application is required for the consideration of a letter.