Commercial loans can serve as a useful way to get a new endeavor off the ground, or to help a long-established business take its next steps toward growth. But with so many options out there — and so many financial institutions to choose from — the prospect can feel overwhelming. Central Bank’s commercial loan experts have pulled together a high-level overview aimed at helping you better understand the types of business loans available to you, a few considerations to keep in mind and the steps you should take to get started.

Factoring services can rank among the most important elements in a company’s toolbox. They allow for improved cash flow. They offer peace of mind. They make extra funds available without additional debt. Still, they remain a mystery to many businesses. What exactly are factoring services, and what can they offer companies like yours? Read on for an overview from Central Bank and our affiliate factoring company, Advantage Business Capital.

There’s been a growing trend in recent years of medical professionals seeking out patient lending solutions. This approach typically involves a partnership between the medical practice and lender, who work together to provide patient loans with agreeable terms. Central Bank offers healthcare practice solutions through a partnership with Epic River, and we find that such agreements offer benefits to patient and practice alike.

When it comes to running a business, savings accounts are just as important as they are for personal finances. Business savings accounts help you create a solid financial foundation while protecting your business from seasonal ups and downs. At Central Bank, we’ve been helping companies find success though personalized banking service and a range of account offerings, including savings. Here’s what you need to know about opening and managing a business savings account.

Are you looking for a safer way to save? Protect your nest egg with our Certificate of Deposit Account Registry Service®, known as CDARS®. Administered by Promontory Interfinancial Network, a trusted partner of more than 3,000 financial institutions in the U.S., the CDARS service allows you to maintain a single relationship with one bank while receiving FDIC deposit insurance on up to $50 million, far more than the current limit of $250,000 per bank. So, you can continue to deal with CBHOU, the community bank that focuses on you, while receiving the same benefit as would come from holding multiple savings accounts at different financial institutions. As an added bonus, member banks in the CDARS Network swap deposit amounts. This means that, although your savings is divided among different banks, the total amount you deposit in CDARS will go to your primary bank for use with local lending.