Progressive Bank offers many products to help you make your business grow. Let one of our Commercial Bankers help you choose the type of loan that best meets the needs of your growing business.
Business Purpose Loans & Lines of Credit
Loans are available for vehicle or equipment purchases, plant expansion, long-term working capital, property improvement, and a variety of other purposes. We also offer agricultural loans including crop production loans and loans for farming real estate and equipment.
Lines of Credit to support your business cycle through short-term financing needs save you money since you only pay for the credit you use. Access your line of credit to take advantage of trade discounts, carry receivables, purchase inventory and equipment, or maintain seasonal sales growth.
Loans secured by commercial real estate to provide funds for purchase, construction, or refinance of commercial real estate. We can provide permanent financing, construction financing, or a combination of the two.
Strengthen your company's purchasing power. Manage your company's cash flow conveniently and efficiently with a VISA® Business Card. Its flexibility allows you to preset spending limits for each employee cardholder. Detailed monthly statements and quarterly reports itemize your business expenditures to help you track expenses and prepare for tax season. Fraud monitoring helps detect suspicious activity early, and VISA gives you international buying power as it's accepted worldwide.