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Centinel Bank employees at the Home Expo in Taos.

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Business Lending Services

We lend strength to our communities by helping local businesses grow and prosper to provide more jobs for area residents. Centinel Bank offers a wide range of lending products for businesses. We offer local decision making and knowledge of our area, competitive rates, fast turnaround of your request, and experienced lenders to assist you.

As a locally owned and operated commercial bank we have the flexibility to offer a variety of commercial loan products tailored to meet your unique needs. The following is a sample of our products:

  • Commercial real estate loans
    (Purchase, Refinance or even use currently owned real estate as leverage) 
  • Construction loans
  • Long and short term financing - Put equity to work helping your business expand.
  • Land development loans
  • Equipment loans
  • Vehicle loans
  • Working capital lines of credit
  • Standby letters of credit
  • Secured loans    

Apply here for a business loan.

Preparing for your appointment

To prepare for your appointment with a Commercial Lender, here are a few things to bring:

  • Completed business loan application and personal financial statement.
  • Income verification: Current year-to-date financial statements (Balance Sheet & Income Statements)
  • Business Tax Returns (most recent 3-years)
  • Personal financial statement on each principal owner or guarantor, and most recent 3-years personal federal income tax return
  • Collateral information (i.e. legal descriptions, titles, etc.)
  • Other organization documents as described below

What types of business or organization documents do I need to provide?

Sole-Proprietorship

  • Valid Business License, where applicable
  • Proper identification for each signer on the loan

Partnership

  • Valid Business License, where applicable
  • Partnership Agreements
  • Partnership Resolution
  • Federal Taxpayer Identification Number
  • Proper identification for each signer on the loan

Corporation

  • Valid Business License, where applicable
  • Certificate of Incorporation
  • Articles of Incorporation and Bylaws
  • Federal Taxpayer Identification Number
  • Corporate Resolution – available at bank
  • Proper identification for each signer on the loan

Limited Liability Corporation (LLC)

  • Valid Business License, where applicable
  • Certificate of Organization
  • Articles of Organization
  • Operating Agreement
  • Federal Taxpayer Identification Number
  • Proper identification for each signer on the loan

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