Business & Agricultural Financing ••• We're
Here to Help!
One of the
continuing challenges to a business is understanding the right
financing for your company. We will work with you to build the right
financing structure to support your company's cash flow and growth
objectives. Whether you are acquiring, expanding, or starting a
business, see a professional lender at Primebank.
Think of us if you need funds to finance inventory, accounts receivable and general operating, or when you need a letter of credit. We share your vision of growth and opportunity.
Farm Operating and
At Primebank, we offer a wide range of operating loans. Whether for crop expenses or livestock production, we offer it all at competitive rates with terms tailored to meet your agribusiness needs.
When it's time to purchase that new tractor or replace the aging forklift, give us a call. We have loans available for just about any type of machinery or equipment. Our rates are competitive and our terms are flexible.
Always a strong and reliable source of financing, Primebank offers Real Estate Loans with many advantages -- including low closing costs. Contact us for your building, land, and agricultural purchases; commercial, farm, and livestock building construction; or to refinance your present loans.
response to the growing financial needs of local businesses and
professionals, Primebank offers an accounts
receivable management service. We purchase your existing accounts
receivable on a discounted basis, handle all customer billing and
payment collections, and assist in your record keeping and monthly
reporting. You enjoy the freedom of not having to deal with bill collection while receiving the benefit of immediate access to your sales receipts.
Loan Programs –
Our bank also
participates in Farm Service Agency (FSA) guaranteed farm
loans and Iowa Agricultural Development Authority (IADA)
loans. These loans can be for operating expenses, machinery,
livestock, real estate, and debt consolidation. These are excellent
programs to help the beginning farmer get started. We also
offer Federal Crop Insurance as a great risk management tool.
Loan Programs –
The key to getting
credit for a new or rapidly expanding business is to have a bank
that is adept at gaining access to government supported programs.
Our professional bankers are experts at Small Business
Administration programs such as SBA Express, SBA Microloans, SBA
7A and SBA 504. We are fast and efficient at obtaining USDA
approvals for Business and Industry Guarantees. We also use
the Iowa Link Deposit Loan Program so you have access to
preferred loan pricing.
|Our commercial bankers are always available to assist you with any of these great services. We'll make
after-hours appointments to accommodate your busy