African American Banks

Banks are another source of financing a business. Most banks cater to all businesses without any focus to any specific group. However, there are banks that offers programs for specific minority groups. If you are an African American owned small business and you are looking for a bank that have a financial program geared towards you, African American owned banks is a good place to start.

Banks offers a variety of loans. These loans include Lines of Credit, Commercial Real Estate Loans, SBA Loans, Term Loans, Equipment Loans, Business Acquisition Loans, Business Expansion Loans, Working Capital Loans, etc. Loan amounts depends on the how much is being requested and how much the bank is willing to lend.

Below is a list of African American owned banks whose target audience is African American owned small businesses.

Organization	Description
Advance Bank (MD)	Provides Lines of Credit, Term Loans, Commercial Real Estate Loans and SBA Loans.
Capital City Bank and Trust	Offers commercial and Retail Loans. Based in Georgia.
Carver Community Bank	Carver provides a series of Revolving Lines of Credit, Term Loans and Overdraft Lines of Credit.
Citizens Trust Bank of Atlanta	Offers business loans. Details are not available at the moment. Based in Georgia.
City National Bank of New Jersey	Offers Lines of Credit for working capital, Term Loans, Lease Financing, Construction Loans, Commercial Mortgage Loans, SBA Loans, and Letters of Credit. Based in New Jersey.
First Independence National Bank	Offers Real Estate Loans, terms Loans, Secured Lines of Credit, Letters of Credit and SBA loans. Based in Michigan.
Industrial Bank, N.A.	Offers Short and Long Term Financing, Commercial Real Estate Loans, and Non-profit and Faith-based lending. Based in Washington, D.C.
Liberty Bank & Trust Co. (LA)	Offers Commercial Real Estate Loans, Business Line of Credit, Property Rehab Loans, Equipment Financing and SBA Loans. Based in Louisiana.
Mechanics and Farmers Bank	Offers Commercial Line of Credit, Term Loans, Commercial Construction Loans and Commercial Mortgage Loans. Based in North Carolina.
Mutual Community Savings Bank Inc.	Provides Lines of Credit and Term Loans.
North Milwaukee State Bank (WI)	Offers SBA Loans and State, County Loans and Commercial Loans. Based in Wisconsin.
Seaway National Bank of Chicago	Offers Construction Loans, Commercial Term Loans, SBA Loans, Lines of Credit, Letters of Credit and Business Consortium Fund Loans (BCF). BCF are loans targeted to Certified Minority owned businesses.
South Carolina Community Bank (SC)	Offer Commercial Loans. Based in South Carolina.
TriState Bank of Memphis (TN)	Offers Commercial Real Estate Loans for new construction, renovation and refinancing, Working Capital Loans, Equipment Loans and Lines of Credit. Based in Tennessee.
United Bank of Philadelphia (PA)	Provides Construction Loans, Commercial Mortages, Term Loans, Department of Transportation (DOT) Small Business Loans (up to $750,000), PIDC Small Business Loans ($100,000 to $250,000). SBA Loans (up to $1,000,000) and Philadelphia Business Builder Loans (for working capital, inventory, capital improvement and lines of credit).
Unity National Bank of Houston (TX)	Offers SBA Loans, Commercial Real Estate Loans, Commercial Loans, Faith-Based Organization Loans. Based in Texas.
Urban Trust Bank (FL)	Offers Term Loans, Lines of Credit, Acquisition Loans, Cash Secure Loans, Construction & Development Loans and Letter of Credit.