Business Loans

No two businesses are alike. Community Shores Bank recognizes that the financing needs of your business are unique to your situation. Our experienced, professional commercial loan officers take the time to understand your business operations, and will assist you in developing a financing strategy that will address your needs and concerns. With local decision-making and personalized service, you’ll be able to manage your company’s finances more efficiently.

Small Business Lines Of Credit

        Recommended Uses

        • Support accounts receivable as business grows
        • Purchase inventory when discounts and other market opportunities arise
        • Take advantage of sales discounts on payables

Benefits and Features

        • Quick access to funds
        • Interest only accrues on amount advanced
        • Interest only payments
        • Variable interest rate

Term Loans

        Recommended Uses

        • Consolidate high interest debt
        • Finance commercial vehicles, furniture, fixtures, or office equipment

Benefits and Features

        • Fixed and variable rate options allow you ultimate flexibility
        • Amount available depends on collateral pledged
        • Fixed monthly payments

Commercial Real Estate Loans

        Recommended Uses

        • Acquire new owner occupied and non-owner occupied property
        • Refinance existing property

Benefits and Features

        • Financing up to 85% of property value
        • Fixed and variable rates available

Letters of Credit

        Recommended Uses

        • Guarantee performance under a bid, performance, or cash bond
        • Ensure payments to suppliers
        • Helpful when negotiating with overseas trading partners
        • Ideal for new companies with limited credit references

Benefits and Features

        • Competitive fees
        • Simple application process
        • Quick decision

SBA Loans

        Recommended Uses

        • Business expansion and/or acquisition
        • Permanent working capital
        • Purchase commercial real estate
        • Equipment purchases
        • Refinance existing debt

Benefits and Features

        • Experienced SBA lender on staff to expedite your 504, 7A, or contract loan
        • SBA Loans offer lower down payments and longer amortization than conventional commercial term loans

Credit Cards

        • No Annual Fee
        • O% Introductory Rates
        • Option of Reward Points
        • Employee cards at no extra charge
        • Consolidated Statements and Comprehensive Reporting
        • Visa Core Benefits
        • Chip Card Security
        • Line Sharing

Click here to apply

To report a lost or stolen Visa® Credit Card, please call:
1-800-883-0131, outside the U.S. call 1-813-868-2891
Open 24 hours a day, 7 days a week (Balance inquiries, lost/stolen cards, etc.)