Financing for Business Owners in Our Community
Local businesses help our community continue to grow. As a community lender, Lena State Bank is dedicated to helping business owners in our community thrive.
The commercial loans we offer not only provide needed funding, but also keep money right here in our community. Our team of commercial lenders work to provide the fastest decisions and impeccable service you deserve so that you can focus less on financing and more on running your business.
Commercial Loan Uses
| Loan Type | Loan Description |
|---|---|
| Business Line of Credit | Specifically intended for businesses that experience fluctuations in cash flow throughout the year. The line of credit allows you to draw funding and paydown as cash flow dictates. |
| Term/Equipment Loans | Funds the purchase of critical and necessary equipment/machinery for your business. These loans can be used for all types of production and manufacturing equipment. |
| Commercial Real Estate Loans | Property is a core component of many businesses, whether it be as a space to operate from, a warehousing area for inventory, or property held for lease to others. Commercial real estate loans are used to purchase, renovate, and expand properties for a near countless number of reasons as a benefit to your business endeavors. |
| Business Letter of Credit | Letters of credit guarantee that buyers will complete purchases and that the seller will be paid according to predetermined contractual arrangements. |
Schedule an Appointment with a Commercial Lender
To start a conversation about your business loan needs, contact Lena State Bank today and schedule an appointment.