Business Loans
First Banking Center knows your business has unique borrowing needs. You can feel confident knowing we have a loan product that will work for you and knowledgeable lenders to help you through the entire process.
Let us help you get the loan that meets your needs.
- Summary
- Competitive interest rates
- Flexible terms
- Many types of loans to choose from
- Local decision making
- Quick approvals
- Personal service
- Types of Loans
- Line of Credit - With a Line of Credit, you have access to cash whenever you need it. Your cash flow cycle determines the usage and timing of payments.
- Financing for Equipment & Other Fixed Assets - Interest rates are competitive and either fixed or variable. The amortization of the note is determined by the useful life of the asset.
- Real Estate Acquisition and Expansion - First Banking Center offers long-term amortizations. Construction loans for expansion or remodeling are also available at competitive terms. Real estate mortgages can be set up as renewable balloon notes based on either fixed or variable rates.
- Guaranteed/Sponsored Loan Programs - We can help you take advantage of Small Business Administration (SBA) Loan programs. The Low Doc, 7A, and 504 programs allow us to offer loans to individuals and companies that are just starting out or growing rapidly. Those seeking FSA Loan services can take advantage of First Banking Center's Preferred Lender Status. USDA Rural Development Loan Programs offered through WHEDA are also available.
- Other Credit Services - Our knowledgeable loan officers can also help you meet your other credit needs. Letters of Credit, both domestic and international, are available. We can also help with any of your leasing or asset-based borrowing needs.
