Commercial Loans – Chemung Canal Trust Company

Commercial Loans

Get the Financial Power You Need

To Drive Your Success

At Chemung Canal, helping your business grow is our top priority. That’s why we offer a wide range of competitive commercial loan options that can help you do what’s best for your business.

Whether it’s a commercial mortgage, a business loan, or equipment leasing, our team is here to match you with the perfect solution to move your business forward.

Our experienced banking specialists are committed to guiding you through every step of the loan process. With our Platinum Promise Service, we’re dedicated to making the process simple, efficient, and stress-free. You’ll never have to navigate financial decisions alone—our team is here to support you every step of the way.

Ready to get started? Give us a call at 800-836-3711. Let’s grow your business together.

Commercial Mortgages

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Ready to take your business to the next level? Our Commercial Mortgages are perfect for things like:

Purchasing a new facility
Expanding existing facilities
Making other improvements to existing facilities
Commercial mortgages are available for owner-occupied properties and/or leased investment properties

Contact us at 800-836-3711 and one of our Commercial Lending Specialists will meet with you to discuss your business’s borrowing needs.

Lines of Credit

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Chemung Canal’s lines of credit offer the flexibility and financial backing your business needs to stay on track and keep growing. Designed to align with the unique cycles of your business, our lines of credit are tailored to meet your specific needs. The amount is determined by your business’s requirements and financial standing, ensuring a solution that works for you. Our lines of credit can be used to support:

Inventory purchases
Collection of accounts receivable
Other short-term working capital needs

Contact us at 800-836-3711 and one of our Commercial Lending Specialists will meet with you to discuss your business’s borrowing needs.

Term Loans

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Have a specific project in mind that needs extra funding to get started? We’re here to help. Chemung Canal offers Term Loans tailored for businesses with long-term financing needs. These loans are designed for specific business purposes, providing the exact amount you need to bring your plans to life.

A set repayment schedule and a specific maturity date, usually within five years of the original loan date
We can structure a repayment schedule to accommodate your cash flow cycles
Loan may be secured with many different types of collateral

Contact us at 800-836-3711 and one of our Commercial Lending Specialists will meet with you to discuss your business’s borrowing needs.

Equipment Leasing

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Did you know that leasing business equipment can sometimes be more beneficial than purchasing it? That’s why Chemung Canal offers a Commercial Equipment Leasing Program, designed to help you choose the option that works best for your business.

Here’s how it works:

Chemung Canal holds the title to the equipment while your business makes lease payments over a specified term. At the end of the lease, your business has the option to purchase the equipment. Additionally, leasing may offer potential tax benefits—be sure to consult your tax advisor for details.

Contact us at 800-836-3711 to speak with one of our Commercial Lending Specialists. We’ll help you explore the best solutions for your business’s financing needs.

Agency Loan Programs

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Chemung Canal participates in various loan programs for business financing, including but not limited to:

Pursuit – loans for the construction, renovation, or purchase of real estate or purchase of equipment
U.S. Small Business Administration (SBA) – a program that provides guarantees for business loans for working capital, equipment purchases, or the construction, renovation, or purchase of real estate

Contact us at 800-836-3711 and one of our Commercial Lending Specialists will meet with you to discuss your business’s borrowing needs.

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