Loan Products
We provide customized banking, which means using your ideas and providing you with the best solution. We can structure our loans to fit your needs. If you need payments due once a year or on a specific day of each month we can do this for you. Decisions and concerns are handled locally which means better and faster service.
Custom banking, custom ideas, and custom solutions – let us provide you with a custom banking experience.
Commercial Loans
A commercial loan is considered a loan to a business, or for which the proceeds are to be used for business purposes.
Documents required to apply for this type of loan are:
- Two years tax returns
- Business financial statements – profit/loss and income statements
- Personal financial statements on the proprietors, officers, etc., of the business
Consumer Loans
Consumer loans are loans to individuals for personal expenditures, such as loans to purchase an automobile for personal purposes, to purchase personal items such as furniture, or to consolidate personal debt, etc.
Documents required to apply for this type of loan are:
- Personal financial statement
- Income verification
Real Estate Loans
A real estate loan is a loan to consumers that is secured by property. Most types of property can be used as security on these loans, as long as the proceeds are used for consumer purposes.
Documents required to apply for this type of loan are: Personal financial statements if it is non-residential property. If is residential property, a residential real estate application is required.
Agricultural Loans
This is a non-disclosable loan and the proceeds must be used for agricultural purposes. There are various types of agricultural loans, such as straight and revolving lines of credit, single payment loans or annual, semiannual, quarterly, etc. payment loans. These loans are structured according to the customer’s needs.
The types of documents required for this loan are:
- Two years tax returns
- Business financial statements – profit/loss and income statements
- Personal financial statements on the proprietors, officers, etc. of the business