Southern California is one of the nation’s leading manufacturing areas. Combine the production of goods with the distribution of domestic products and those imported from the Pacific Rim, and it’s clear that wholesaling and manufacturing represents a truly dynamic sector of the Southern California economy.
A knowledgeable banking partner is essential to ensure that you have strong financial resources and expertise available when you need them. At Commercial Bank of California our team of industry professionals brings years of experience and industry-specific expertise to help companies like yours achieve your goals. Whether your need is for financing to fuel your growth, or for creative deposit and cash management tools to help your funds work as hard as you do, Commercial Bank of California has the solutions to power your success.
We provide lending services to manufacturers and wholesalers nationwide. We know you need to be flexible when opportunities arise, so we provide loans for a wide spectrum of needs, from short-term working capital loans and lines of credit to long-term real estate mortgages. Our solutions include:
Business Lines of Credit
Access the funds you need, when you need them. A Business Line of Credit is the perfect solution for short-term borrowing needs for which repayment is expected to occur in the near future. You have the flexibility to borrow as much or as little as you need to meet your specific working capital requirements. Business Lines of Credit provide access to funds for a very broad variety of purposes, including:
- Managing cash flows for busy seasons during the year
- Taking advantage of trade discounts
- Timing your inventory purchases
- Providing short-term cash flow while you wait for collection of receivables
Accounts Receivable and Inventory Financing
If your business invoices on account and carries amounts due from customers or maintains an investment in saleable inventory, Accounts Receivable and Inventory Financing (sometimes known as “Asset-Based Financing”) can be the ultimate cash flow tool for your business. We can provide the funding you need to keep your warehouse fully stocked with the items you need to keep your business growing. Financing structure is similar to a Business Line of Credit, except that the amount of the line is set as a percentage of your “borrowing base” of eligible accounts receivable or inventory. Accounts Receivable and Inventory Financing typically benefits companies that have the following needs:
- Immediate reinvestment of operating cash flow back into the business’s working assets (such as new accounts receivable and inventory)
- Managing cash flow over longer operating cycles
- Companies that operate profitably with higher leverage
- Companies with higher revenue growth rates leading to expanding working assets
Business Equipment Financing and Term Loans
If your business uses equipment in its operations, Business Equipment Financing can provide funding for the tools and equipment you need to keep your business growing. Repayment terms are flexible based on the cash flow needs of your business and the incremental revenues the equipment will generate.
For longer term borrowing needs, a Business Term Loan can be the perfect solution. Term Loans can be provided to facilitate capital expenditures, such as purchase of long-life equipment, making tenant improvements and to take advantage of other expansion opportunities.
Real Estate Credit Solutions
- Construction Loans
Are you considering building a new facility to house or expand your business? Our experienced Construction Lending team can assist you with financing your project and will be a part of your team from land acquisition and initial concept planning, all the way through to the completion of construction.
- Commercial Real Estate Loans
If you are planning to purchase a building for your business to occupy or expand, our experienced team will provide a custom real estate lending solution to meet your financing needs. Our lending products are tailored for your needs, from short-term bridge loan financing to “mini-perms” and long-term permanent financing. We also offer a full selection of government guaranteed loan products, including SBA 7A and 504 loans.
DEPOSIT AND CASH MANAGEMENT SOLUTIONS
Complete Deposit Services
Commercial Bank of California offers a broad selection of deposit accounts tailored to meet your specific needs. Use a checking account for fast and convenient payments, or a money market account to profitably invest excess short-term liquidity. For funds available for longer periods, our certificates of deposit offer highly-competitive interest rates with a term that meets your liquidity and accessibility needs, and our CDARS deposit system offers attractive interest rates combined with the safety 100% FDIC insurance coverage on all funds deposited.
Remote Deposit Service
Remote deposit lets you deposit checks without leaving your place of business. Checks are processed through a compact desktop scanner and submitted electronically for fast, convenient deposits any time of the day or night.
Business eBanking Online Banking Service
Our Business eBanking lets you monitor and manage your accounts from your office, home, or anywhere there is an internet connection. Check balances, transfer funds between accounts, pay bills, even send wire transfers and originate ACH transactions. Our Business Mobile Banking brings the power of Business eBanking to your IOS or Android smartphone.
If you are ready to take your business to the next level of success, contact your CBC account officer or your nearest Commercial Bank of California regional office to better understand the power our solutions provide.