Business Checking Accounts | Reorder Your Checks | Business Savings Accounts | Business Loans

Business Checking Accounts

The increased FDIC deposit insurance limits up to $250,000 per depositor have been extended through 2013.

Patriot National Bank believes our customers deserve a bank that knows its business and yours! We offer several options for our business customers to make your money work for you.
All Business Checking Accounts include the convenience of free Internet banking, free Internet bill paying, free 24-hour telephone banking and an easy-to-read monthly statement. For complete account details, contact our Customer Service Representative at 1.800.762.7620.

Better Business Checking Account is a non-interest bearing account suitable for Partnerships, Corporations, Limited Liability Companies (LLC), Non-Profit Organizations, Pension Funds and Government Entities. Minimum initial deposit of $500. Account includes:

• First 100 debit transactions free
• ATM card
• Debit card for those who qualify
• Overdraft protection for those who qualify
• Full service Merchant Services Program
• No monthly fee for average daily balance of $2500

Business Overdraft Protection is an efficient way to protect your business against costly occasional overdrafts or the risk of returned checks.

Business Checking Account is a non-interest bearing account, recommended for small to medium-sized businesses that will have limited banking transactions and want to avoid maintaining an average minimum balance. Minimum initial deposit of $500.

Patriot National Bank is participating in the FDIC's Transaction Account Guarantee Program . Under that program, through June 30th, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Reorder Your Checks Click the link below to order (or reorder) business checks directly from Deluxe check printers. You will be routed to their secure website and guided through the ordering process with the ability to adjust quantity and change check design if needed. Checks will be delivered directly to your front door!

Business Savings Accounts

The increased FDIC deposit insurance limits up to $250,000 per depositor have been extended through 2013.

The appropriate savings vehicle for your business is dependent upon many variables such as cash flow, your investment objectives, your ability to tie up funds for extended periods of time and your business plan. Contact your Patriot business banker to recommend the savings plan that makes sense for you, toll-free at 1.800.762.7620.

Business Statement Savings Account is a higher rate traditional liquid, interest-bearing account that requires a minimum $100 deposit. There are no limitations on withdrawals. Interest is compounded daily and credited monthly to your account.

Business Money Market Account is a highly liquid, interest-bearing account designed to help any level of small business maximize cash flow. As your business and deposits grow, so does your rate of interest (compounded daily and credited to account monthly). Initial minimum deposit of $2500.

Business Loans

We strongly believe that "one loan does not fit all". We're happy to tailor a secured or unsecured loan to your specifications. Our business lenders have on average 20 years of on-the-job experience understanding business goals and objectives. Each branch has a local decision maker and the ability to expedite the approval process. Call your local Patriot business lender at 1.203.252.5950 to find out how we can best design a loan for you. We offer:

Business Mortgages for financing the acquisition or refinance of investment properties, including 1-4 family non-owner occupied homes, as well as improvement or expansion of an existing facility.

Construction Lending with a full array of financing packages and experts to "build" the right loan for you without endless red tape. We are leaders in developing innovative packages for builders throughout Connecticut and New York.

Term Loans may be used to finance capital improvements or business acquisitions, long term growth initiatives or for the purchase or refinance of machinery, equipment or vehicles. Our terms are flexible, our rates competitive.

Revolving Lines of Credit are a flexible way for you to use funds for short term credit needs and to repay on a schedule that works for you. This credit vehicle is also available to business executives.

SBA (Small Business Administration) Loan is another tool we provide to help grow and manage small businesses. Longer terms and lower rates mean less stress on one's operating account. These government-guaranteed loans are suggested for businesses that may not meet standard cash flow or collateral requirements of other types of loans.
We offer:

7a Loan can be used for any business purpose such as construction or renovation for owner-users, business acquisition, refinancing existing debt, equipment purchases, working capital or inventory.

504 Certified Development Company Loan provides growing businesses with term, fixed rate financing for land, building, expansion expenses, machinery, and equipment.