We will help you analyze your business's financial requirements, capital expenditures, business growth, acquisitions, and cash flow analysis. We can then design working capital, equipment and real estate financing packages to fit your business goals and cash needs.
Our business banking team has a wealth of experience and our lending decisions are timely and are made locally here in Oelwein.
Commercial Operating Line of Credit
An operating line of credit provides a funding source for short-term cash flow needs. The line of credit is preapproved and available whenever you need it for heavy demand times or to reduce the impact of the peaks and valleys in your cash flow.
Commercial Term Loans
Long-term business needs such as equipment financing, the acquisition of a new business, or a change in ownership are examples of term loan purposes. The term of the loan is typically one to five years and the assets that are being financed generally secure the loans.
Real Estate & Construction Loans
We offer a variety of mortgage loans to meet our business customer's real estate objectives. If you are planning on purchasing a new building for your business or refinancing an existing building, come in and talk to us about your financing options. We also have experience with financing investment properties.
Small Business Loans
In conjunction with the Small Business Administration (SBA), we can help small and medium sized businesses take advantage of SBA loan benefits.
Regardless of which loan you select, you will enjoy these benefits:
- Quick turn around time with local decision making
- Very competitive interest rates with an additional discount to existing customers
- Automatic loan payment from your Community Bank checking or savings account