Business Loans
COMMERCIAL REAL ESTATE LOANS
Our COMMERCIAL REAL ESTATE LOANS offer a streamlined approval process and are backed by our expertise in almost all industry and property types. We provide flexible terms and competitive rates to meet the unique financing needs of businesses.
Whether you need construction financing or permanent financing, we have you covered. Our loans are available for both owner-occupied and investor financing, giving you the flexibility to choose the option that best fits your business needs.
Overall, our COMMERCIAL REAL ESTATE LOANS are designed to make financing your commercial property easier and more affordable. With our streamlined approval process, expert knowledge, and flexible terms, we can help you secure the funding you need to achieve your business goals.
Whether you need construction financing or permanent financing, we have you covered. Our loans are available for both owner-occupied and investor financing, giving you the flexibility to choose the option that best fits your business needs.
Overall, our COMMERCIAL REAL ESTATE LOANS are designed to make financing your commercial property easier and more affordable. With our streamlined approval process, expert knowledge, and flexible terms, we can help you secure the funding you need to achieve your business goals.
BUSINESS TERM LOANS
Business term loans are a reliable and accessible option for entrepreneurs and business owners who are looking to finance new or used equipment/vehicles, or obtain working capital to fund their business's growth. With competitive rates and flexible terms, these loans can help you achieve your financial goals while keeping your cash flow stable.
Business term loans offer several benefits, including the ability to secure the funding you need quickly and easily. Local decision-making means that you won't have to wait long to find out if you've been approved, and you can work directly with loan officers who understand your business and your financial needs.
In addition to financing equipment and vehicles, business term loans can be used to cover a wide range of business expenses, including inventory, marketing, payroll, and more. This can help you to invest in your business's growth and take advantage of new opportunities as they arise.
Business term loans offer several benefits, including the ability to secure the funding you need quickly and easily. Local decision-making means that you won't have to wait long to find out if you've been approved, and you can work directly with loan officers who understand your business and your financial needs.
In addition to financing equipment and vehicles, business term loans can be used to cover a wide range of business expenses, including inventory, marketing, payroll, and more. This can help you to invest in your business's growth and take advantage of new opportunities as they arise.
BUSINESS LINES OF CREDIT
Business lines of credit are a versatile financing option that can help businesses address their short-term cash flow needs. Whether it's to fund seasonal expenses or to manage fluctuations in receivables and inventory, a business line of credit provides access to flexible funding on an as-needed basis. With expertise in almost all industries, lenders can work with businesses to tailor their credit line to their specific needs. Plus, partnering with local bankers who understand the community and the industry can provide valuable insights and guidance to help businesses make informed financial decisions.
AGRICULTURAL REVOLVING LINE OF CREDIT
At our bank, we recognize the unique challenges faced by those in the agricultural industry, and we offer a range of loan options to help. Our Agricultural Revolving Line of Credit is an ideal solution for farmers and ranchers who need financial assistance to bridge the gap between planting and harvest or calving and market. Our flexible line of credit loans are designed to help you manage your cash flow, giving you the freedom to focus on what really matters - growing your business.
AGRICULTURAL REAL ESTATE LOANS
Agricultural real estate loans are a type of financing designed specifically for farmers and ranchers to purchase or refinance land, equipment, and other agricultural assets. These loans typically have lower interest rates and longer repayment terms than traditional commercial loans, making them a more affordable option for agricultural businesses.
One of the key benefits of agricultural real estate loans is that they offer customized loan structures to meet the cash flow needs of farmers and ranchers. This means that borrowers can work with their lender to design a loan that fits their specific needs and financial situation.
Another advantage of agricultural real estate loans is that they typically have manageable down payment requirements. This allows borrowers to conserve their cash reserves and use them for other expenses such as operating costs or expansion projects.
In addition, agricultural real estate loans offer both new purchase and refinance/restructure options. This means that farmers and ranchers can use these loans to buy new land or equipment, as well as to refinance existing loans or restructure their debt to improve their financial situation.
Overall, agricultural real estate loans are an important financing option for farmers and ranchers looking to grow and expand their operations. By providing flexible loan structures, manageable down payments, and both purchase and refinance options, these loans help support the long-term success of the agriculture industry.
One of the key benefits of agricultural real estate loans is that they offer customized loan structures to meet the cash flow needs of farmers and ranchers. This means that borrowers can work with their lender to design a loan that fits their specific needs and financial situation.
Another advantage of agricultural real estate loans is that they typically have manageable down payment requirements. This allows borrowers to conserve their cash reserves and use them for other expenses such as operating costs or expansion projects.
In addition, agricultural real estate loans offer both new purchase and refinance/restructure options. This means that farmers and ranchers can use these loans to buy new land or equipment, as well as to refinance existing loans or restructure their debt to improve their financial situation.
Overall, agricultural real estate loans are an important financing option for farmers and ranchers looking to grow and expand their operations. By providing flexible loan structures, manageable down payments, and both purchase and refinance options, these loans help support the long-term success of the agriculture industry.
GOVERNMENT LOAN PROGRAMS
These are all government loan programs that can be beneficial for small businesses:
SBA Guaranteed Loans: The Small Business Administration (SBA) offers two guaranteed loan programs, the traditional 7(a) program and the Express program. These loans can be used for a variety of business purposes, including working capital, equipment purchases, real estate acquisitions, and debt refinancing.
SBA 504 Loans: This loan program is specifically designed for businesses that need to purchase or expand buildings or equipment. The SBA partners with certified development companies (CDCs) to provide long-term, fixed-rate financing to eligible small businesses.
USDA B & I Loans: The U.S. Department of Agriculture's (USDA) Business and Industry (B & I) loan program is available to businesses in rural communities with populations of less than 50,000. These loans can be used for a variety of business purposes, including working capital, equipment purchases, real estate acquisitions, and debt refinancing.
FSA Guaranteed Loans: The USDA's Farm Service Agency (FSA) offers guaranteed loans to farmers and ranchers who cannot qualify for traditional commercial loans. These loans can be used to purchase or improve farmland, construct or improve buildings, and purchase equipment or livestock.
Each of these loan programs has its own eligibility criteria and application process. Small business owners should do their research and consult with a lender or financial advisor to determine which program is the best fit for their business needs.
SBA Guaranteed Loans: The Small Business Administration (SBA) offers two guaranteed loan programs, the traditional 7(a) program and the Express program. These loans can be used for a variety of business purposes, including working capital, equipment purchases, real estate acquisitions, and debt refinancing.
SBA 504 Loans: This loan program is specifically designed for businesses that need to purchase or expand buildings or equipment. The SBA partners with certified development companies (CDCs) to provide long-term, fixed-rate financing to eligible small businesses.
USDA B & I Loans: The U.S. Department of Agriculture's (USDA) Business and Industry (B & I) loan program is available to businesses in rural communities with populations of less than 50,000. These loans can be used for a variety of business purposes, including working capital, equipment purchases, real estate acquisitions, and debt refinancing.
FSA Guaranteed Loans: The USDA's Farm Service Agency (FSA) offers guaranteed loans to farmers and ranchers who cannot qualify for traditional commercial loans. These loans can be used to purchase or improve farmland, construct or improve buildings, and purchase equipment or livestock.
Each of these loan programs has its own eligibility criteria and application process. Small business owners should do their research and consult with a lender or financial advisor to determine which program is the best fit for their business needs.