Business Loans

We are a locally-owned Bank. We understand our market and can give you the tools that may help you reach your business goals. We have a commitment to our community because we live here; we raise our children here - just like you. We want you to succeed and make our community economically healthier.
Our Business Bankers are experienced professionals who have spent their careers getting to know the business leaders in our community. They understand the importance of building a relationship with you - getting to know the goals and needs of your business. We can tailor your business lending package with the right tools and products to help you succeed.
Are you looking to expand your business, build an office or retail store, or do you need capital for equipment? If so, please contact a Business Banker to set an appointment for a FREE consultation. We would love to talk to you.
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Description |
Uses |
Commercial Real
Estate Financing |
Investment property can be a good investment. We have extensive experience lending on commercial real estate in Central Illinois and would be proud to work with you. |
Commercial
Retail
Residential
Construction and Term Financing
Real Estate Development |
Lines of Credit |
There are many situations where a vibrant business has periodic needs for cash. Strong growth, seasonal sales, taking discounts : these are just some of the reasons an operating line of credit may help you. |
Accounts Receivable
Inventory
Seasonal Needs |
Term Loans |
It’s not uncommon for a business owner to find great opportunities in buying longer term assets that may generate income & profits over time. A Term loan helps the new purchase pay for itself as it generates income. |
Machinery & Equipment
Business Acquisition
Other Long Term Purchases
Tax Exempt Financing |
Specialized Loans |
There are a variety of more specialized business loans that may be just what you need. Some provide longer term fixed interest rates. Some provide effective owner’s equity for the Bank. Some assist with ordering inventory. These may be just what you need to meet your current business need. |
SBA Loans
504 Program Loans
Agriculture Loans
Letters of Credit |
Items that may be requested for a Business Loan Application:
- Personal Financial Statements
(file size: 135 KB)
- Purpose of the loan
- 3 years Tax Returns and Financials, both business and personal
- Interim Business Financial Statements
- Collateral and Valuations
- History of the business
- Description of the business
- Personal resume
- Projected business income, expenses, and cash flow
Download Adobe Acrobat Reader ¥ (if you can not read the Personal Financial Statement link)
Adobe® Acrobat® Reader™ is free, and freely distributable software that lets you view and print Adobe Portable Document Format (PDF) files on all major platforms.
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