Making borrowing easy
Why should you choose Century Bank for a business loan?
Because, whether your business is small, large or anything in between, we're here to help! Business loans can be intimidating, but our experienced lenders know how to tailor your needs to the right type of business loan. Our lenders work and live in your communities and are available face-to-face or with a phone call to answer your questions.*
Yes, I’d like a Century Bank Commercial Banker to contact me!
Century Bank's Commercial Bankers have deep tenure and experience in assisting New Mexico's businesses thrive and grow. Local decision makers understand our local community.
Business eBanking
Century Bank's Online Banking offers all the conveniences of your bank at your fingertips. As long as you have an internet connection, you can log on anytime, anywhere and access your account.
We make borrowing easy by offering secured and unsecured personal loans based on your available collateral.
1Offer of credit is subject to credit approval
2Other restrictions may apply
3Terms subject to change without notice. For more information about rates, fees and other terms, contact a local Century Bank Representative.
4Mobile Banking is provided by Century Bank at no additional cost, however, you may incur charges to receive internet, cellular or other data service on your mobile device. You may also incur charges from your telecommunications carrier when sending and receiving information in connection with your use of Mobile Banking.
For questions or to obtain a rate quote, call us at 505.995.1200, visit any of our locations or complete a contact form and we'll call you within one business day!
Business Loans
Century Bank works with businesses of all sizes, including not-for-profit, to help facilitate your growth and success. Century Bank's local Commercial Lenders understand your business needs. How can we help?
- Working capital
- Equipment, vehicle, and tenant improvement
- Acquisition and expansion
- Real estate purchase and refinance
- Apartment financing
- Commercial land purchase
- Development loans
- Commercial construction loans
Century Bank offers a wide variety of business loan options for your needs including installment loans, lines of credit or letters of credit.
SBA and Government Enhanced Loans*
Century Bank has expertise in working with a number of government entities to assist small businesses succeed in our communities. We offer a variety of loans for all your business needs, including working capital lines of credit, permanent working capital, business expansion and acquisition, fixed asset purchases, and owner occupied real estate. Your success is our business!
Small Business Administration (SBA) Loans
The U.S. SBA has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. They provide assistance primarily through four programmatic functions: Access to capital, entrepreneurial development, government contracting, and advocacy.
SBA Loan Programs include:
- 7A Program
- SBA Express
- SBA Veterans Initiative
- SBA Small Loan Advantage
- SBA Export Express
Federal Home Loan Bank (FHLB) Small Business Boost Program (SBB)
Small Business Boost Program (SBB) is a community investment program offered by FHLB intended to help participating members provide financing for qualified small businesses by filling the gap between what the member can finance and the loan request made by an eligible small business. For example, SBB can fill the financial gap when the small business does not have the required equity or collateral to get their loan request fully funded by the member.
SBB funds are provided as a secondary, unsecured loan that fill this gap for the small business borrower. There are no repayments of the SBB loan in year one which helps improve initial cash flow for the small business.
New Mexico Finance Authority
The New Mexico Finance Authority partners directly with banks for two programs designed to increase credit availability for small businesses:
- Collateral Support Program
- Loan Participation Program
*All loans subject to credit approval.
