Business Loans

This type of loan is used to purchase a commercial real estate property to be used by the borrower to operate their business.  Loans are paid over a 5, 10, 15, or 20-year time period with a fixed rate for 5 years.  Loans can be made to an individual or an entity as set up by the borrower and is secured by the borrower’s real estate and may be guaranteed personally by the borrower if they are set up as a corporation, LLC, or other entity.

This is a short-term line of credit provided to businesses to cover short-term expenses.  These expenses are typically related to equipment or vehicle purchases.  Once the borrower has purchased the equipment or vehicles the balance is termed out over a specific time period.

This type of loan is used to purchase agricultural property (crop or pasture) to be used by the borrower for production purposes or to be leased to another individual or entity.  Loans are paid over a 5, 10, 15, or 20-year time period with a fixed rate for 5 years.  Loans can be made to an individual or an entity as set up by the borrower and is secured by the borrower’s real estate and may be guaranteed personally by the borrower if they are set up as a corporation, LLC, or other entity.