Delivering tailored debt and deposit solutions to venture and PE-backed startups to fuel innovation and growth.
Commercial banking in Philadelphia, PA
As a business owner in Philadelphia, PA, you may need financing and other services to help grow or sustain your business. Commercial banking at Customers Bank is one way to get what you need. Our complete suite of financial services includes lending, depository, and cash management to help you through every growth stage.
Customers Bank is a super-community bank with over $22 billion in assets, offering nationwide commercial and consumer banking services. We are among the 100 largest banks in America based on assets and market capitalization, with a national network of offices, operations centers, and branches. We work closely with clients to understand their objectives and provide them with the support and guidance they need to succeed.
Flexible lending solutions
Term loans: Business term loans from Customers Bank are an excellent funding option to help you cover significant expenses. Borrowers enjoy a high degree of flexibility, with few limitations on how the funds can be used. Loan amounts and terms are typically determined based on your credit history, borrowed amount, and how you plan to use the loan.
Lines of credit: Business lines of credit are popular because they operate more like a credit card. You can use the funds for expenses such as cash flow, payroll, inventory, equipment repair, etc. In general, you are only required to pay interest on the funds you withdraw. As you pay the principal, the credit line is replenished, allowing you to reuse the funds again and again without submitting a new loan application.
SBA Government-guaranteed loans: SBA loans are partially guaranteed by the Small Business Administration (SBA) and issued by Customers Bank. They offer financial assistance for startup costs, working capital, expansions, real estate purchases, etc. We are proud to be an SBA-preferred lender, offering comprehensive options, including SBA 7(a), CDC/SBA 504, and USDA Business & Industry loans.
Equipment financing: Equipment financing is used to buy or lease equipment for the business. The equipment you buy will serve as collateral for the loan.
Commercial real estate loans: Use these loans to buy or refinance commercial real estate, such as office buildings, multifamily dwellings, retail spaces, or warehouses. They are secured by the property and typically have a fixed interest rate. Customers Bank offers various options regarding rates, terms, and payment schedules.
Cash management tools
Simplify money management for your business with our advanced tools and technologies.
- Online and mobile banking services: View real-time balance information and pending transactions, transfer funds online between accounts, stop payment on a check, and more.
- Business bill pay: Manage all accounts payable from one secure, convenient website. It’s easier and faster than paying by check, reducing the risk of late payments and human errors.
- ACH payments: Pay anyone safely and securely with ACH (Automated Clearing House) services. Process large transaction volumes, ensure on-time payments, make direct payroll deposits, and more.
Unlock the potential of your business with Customers Bank
Reach out to the experienced banking team at Customers Bank for information about commercial loans and services in Philadelphia, PA, and to discuss the ideal financing options for your business. We can help you unlock opportunities and propel your business to new heights.