Business Loans


Because we understand how vital economic development is to our area, First State Bank Shannon-Polo-Lake Carroll is ready to help capitalize your business dreams.No two businesses have the exact same financing needs and every business, from new venture to established company may have needs for commercial loans throughout start up and growth. Our lending team has the expertise and experience to guide you through the steps involved in selecting and utilizing loan options to your advantage. Plus, our ability to make decisions locally means access to the resources you need, when you need them.

  • Business Operating Lines of CreditRespond to changing cash flow needs with a business line of credit. A revolving line of credit provides working capital for a business which has sales growth greater than its working capital. In addition, a seasonal line of credit helps fund inventory and carry accounts receivable during business peaks. Your business will have the cash it needs, when it’s needed.

    • Flexible interest-only payment option
    • Fast approvals allow for quicker availability of proceeds
    • Worry-free banking with automatic payment deduction is available
    • Competitive rates and fees
  • Business Term LoansExpand your business or consolidate debt with our business term loans. This type of financing is perfect for upgrading equipment, acquisition of a business or debt restructuring. First State Bank’s experienced commercial lenders can help determine the right term loan for you.

    • Flexible terms available with competitive interest rates and fees
    • Fixed monthly payments help you manage your budget
    • Local decisions allow for fast approval and quicker availability of proceeds
    • Cover longer term business needs with affordable payments
    • Worry-free banking with automatic payment deduction is available
    • Under most conditions: no prepayment penalties, allowing you to pay off your loan early to save interest expense!
  • Commercial Real Estate LoansFinance the purchase, renovation or construction of your manufacturing facility, multi-family property, office or retail space with the First State Bank Shannon-Polo-Lake Carroll. We have expertise in all facets of commercial real estate.

    Terms and RatesWe offer a variety of unique rate and term options as well as payment flexibility.

    • Choose highly competitive fixed or variable rates to meet your financing needs
    • Annual, semi-annual, quarterly, or monthly payment schedules
    • Fully or partially amortized loans
    • No prepayment penalties, allowing you to pay off your loan early to save interest expense!

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