Business Products
Business Loans
Looking for personalized lending solutions to help your business soar? At CSB, we make decisions with local considerations. Embark on this journey with us. Let's grow your business together!
Equipment Loans
More than ever, our businesses rely on working equipment. Ensure day-to-day operations continue smoothly with the equipment you need at a rate you can afford.
Stay Ahead of the Competition
Competitive Rates for New/Used Equipment
Fast Decisions Made Locally
- Competitive rates for new or used equipment
- Meet needs without cutting into working capital or savings
- Stay ahead of the competition
- Avoid lapsed periods in production and outdated equipment
- Customized terms designed around your unique needs
- 24-hour access via online banking*
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish
Commercial Loans
Get the right space at the right rate — whether it’s for purchase, refinance, or construction. Our lenders are based here and know about the local commercial real estate market.
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- Competitive rates for the purchase, refinance, or construction of commercial properties
- Available for owner-occupied or investment properties
- Lending professionals with working knowledge of the local real estate market
- Customized terms designed around your unique needs
- 24-hour access via online banking*
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish
SBA Loan
Sometimes a government-backed loan is the way to go — especially if you may not qualify for traditional loans. Consider an SBA Loan for your business needs.
Customizable Terms Based on Your Needs
Special Financing May be Available
Wide Range of Lending Options Available
- Available for start-up businesses, as well as purchasing and refinancing existing businesses
- Government-assisted help for businesses that might otherwise have difficulty getting approved
- Special financing for qualifying businesses
- Competitive rates for a wide range of business needs:
- Commercial real estate purchase
- Construction
- Business acquisition or expansion
- Equipment/inventory purchase
- Working capital
- And more
- A wide range of lending options available
- Generally lower down payments and extended terms
- Additional considerations taken when deciding maturity*
- Customized terms designed around your unique needs
- 24-hour access via online banking**
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish
Ready to start or expand your business? Learn more with our helpful Commercial Guide
*Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the useful life of the assets financed. **3rd party fees may apply.
Business Lines of Credit
Be prepared for anything with cash flow you can access anytime. Finance seasonal fluctuations, inventory, and more.
Provides Greater Financial Flexibility
Funds Easily Accessible Via Check
Revolving Credit
- Competitive rates for a wide range of long-term or seasonal business needs:
- Seasonal fluctuations
- Inventory
- Capitalize on trade discounts
- Working capital
- Ongoing updates
- And more
- Provides greater financial flexibility
- Repayment customized based on your business’s unique needs
- Funds available right as you need them; apply once then use again as needed thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Only pay interest on portion that’s used*
- Funds are easily accessible via check
- Customized terms designed around your unique needs
- 24-hour access via online banking**
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish
*Consult a tax advisor.
**Draws unavailable online; you can only view and pay.
Letter of Credit
Inspire confidence and add more certainty to larger purchases — guarantee payment with a letter of credit from Chelsea State Bank.
- Provides guarantee on payments of large purchases to third parties
- Can replace need for costly insurance company performance bond
- Can also be used to guarantee a service
- Typically issued for 1-year term or less
- Terms easily renewed
- Fee is based on face value amount
- Interest accrues only if we must make payment to a beneficiary on your behalf
- Customized terms designed around your unique needs
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish