Since 1952 we’ve been helping local businesses, large and small, grow and succeed. Our Business Lenders have the knowledge and professional experience to help you find the right loan to achieve your business goals. Our business loans are competitively priced and we offer fully customizable lending solutions. We will work with you to meet the specific needs of your business.
Running a business is difficult, and having a lender who understands your business can make all the difference – we take the time to do just that. Our lenders are local, we live and work here, and we make decisions locally and quickly. Stop in and see us at one of our offices, or we’ll be happy to meet you at your place of business.
Types of Business Loans:
Commercial Real Estate
Purchase property, renovate your current facilities or finance commercial construction projects.
Agricultural Real Estate
Acquire land, expand or update facilities or finance construction projects.
Equipment and Personal Property Loans
Available to all types of businesses to finance office equipment, manufacturing equipment, farming equipment, seed and livestock. Specialized financing also available.
Our Equipment Leasing Program is different from traditional leasing companies in that we never charge termination or prepayment penalties. Other features include:
- 100% financing available – no down payment required
- New or used equipment
- Variable payment for seasonal customers
- Fixed rate which will not change during the term of the lease
- Most leases can be structured to meet tax objectives
Lines of Credit
A flexible credit tool often used to meet your business’s short-term credit and operating needs.
Small Business Administration Loans
Three loan programs are available through the Small Business Administration. They are low-documentation loans; 7(A) loans used for inventory, equipment, and real estate; and 504 Capital Asset Loans used for land, machinery, and buildings.
Letters of Credit
We offer letters of credit which are commonly required by suppliers, vendors, and government agencies to guarantee performance of payment.
What to bring when applying for a Business Loan:
Small Business, Agricultural, Commercial Real Estate and Commercial Loans:
- Personal tax returns for the past two years and financial statements
- Business tax returns for the past two years
- Business financial statement for the past two years including income statements and balance sheets
Your business plan which should include:
- Business history
- Description of your business organization
- Use of loan funds