Accommodated

First State Bank has a term loan to fit your business needs.  If you are expanding, need to purchase equipment, or just need extra operating funds, we can offer a term loan with fast, local approval and convenient payment terms.

If you have seasonal fluctuations in cash flow, a gap to fill between payables and receivables, or just occasional needs for working capital, we can provide a convenient credit line. Access funds when you need them and make payments only when you use your line. Link your line to your First State Bank checking account and provide yourself with a safety net to avoid your account becoming overdrawn.

We have many years of experience in lending to a variety of enterprises–from small family farms to large farming operations. Our knowledgeable loan officers can assist in many types of agricultural lending including livestock enterprises, dairy and traditional field crops. They can provide you assistance with financial analysis and offer loan options tailored to meet your individual needs.

Our commercial lenders have a wide range of experience and expertise in real estate projects. We offer a variety of financing programs to accommodate your needs with terms tailored to your unique situation. Contact one of our commercial experts to discuss your specific needs, whether for construction or interim or permanent financing.

Wouldn’t it be nice to receive immediate cash for your receivables? To get out of the billing business and back to the business at hand? Business Manager is a complete system by which we purchase your existing receivables on a discounted basis and take over the responsibilities for billing your customers and collecting their payments.

Provide your contract holders with a guarantee of your ability to perform under the terms of a contract. First State Bank can issue a Standby Letter of Credit on your behalf.

The Small Business Administrations (SBA) is a government agency that guarantees qualifying business loans. First State Bank partners with SBA to assist you, from the application process through the closing of the loan and beyond.

Click here for more information on SBA loans.