645 Griswold, Suite 70
Detroit, MI 48226
Phone: 313.967.9700
Fax: 313.967.9088
Hours:
Mon-Fri: 8:30AM to 4:30PM
Saturday-Sunday: Closed
Business Credit Services*
Loans and Services
Whatever your financial needs are, Detroit Commerce Bank is available to help. We offer business loans and services for our private banking business clients. Local decision making. Our business banking customers are treated with care and have exclusive benefits tailored to their needs. Your banker meets with you at your office or other convenient location of your choice.
Term Loans
Term loans provide a source of longer term funding for equipment purchases, vehicle purchases, or other needs. We finance loans to purchase equipment or expand an office building, purchase a new business, refinance a contract to a former owner, working capital lines of credit and loans to fund profit sharing/pension plans. We also offer all consumer credit including Home Equity Lines of Credit and personal, unsecured lines of credit. Repayment is usually structured to provide monthly payments of principal and interest. Terms generally require repayment within seven years, and have a variable rate option. These loans are typically secured by the assets of the company.
Working Capital Lines of Credit
Lines of credit provide a source for short term funding needs and seasonal production peaks. Repayment is usually structured to be interest only on a monthly basis with one or two year maturities and a variable rate. Lines of credit are typically secured by all assets of the business.
* Subject to credit approval.
