Business Loans

Security State Bank has a long history of investing in the growth and development of our local communities through our extensive commercial lending. We are eager to meet your business lending needs with a wide variety of programs to help your business thrive. 

• Business Real Estate Loans
• Equipment and Inventory Purchases
• Mergers and Acquisitions
• Revolving Lines of Credit
• Letters of Credit
• Municipal Loans
• Creative Financing
• Land Contracts
• Assignments
• SBA Loans: Types of loans available through SBA include:

Government Guaranteed 7A Loans are typically for requests greater than $150,000 for the purchase of inventory, equipment or other assets along with working capital.

504 Development Loans featuring long term fixed rate financing generally require a 10% down payment and are used for the acquisition of long-term real estate or for equipment purchases.

Security State Bank’s skilled commercial lenders live and work in the area and thoroughly understand the local economy. We look forward to discussing your present and future commercial financing needs

Agricultural Loans

Security State Bank’s skilled lenders are available to answer your questions. Call us today or stop by to talk and see what we can do for your Agricultural lending needs. We look forward to discussing your present and future financing needs.

Business Credit Cards

Providing businesses with monthly reporting in order to track all employees using the account.

Apply and receive instant decisions by using our link to Elan Financial Services

View a listing of Elan Credit Cards availableAccess your Elan Credit Card account

What to expect after you have decided to get a loan from us

Depending on the type of loan you request, we may require the following items:

Business loan applications

• Most recent personal financial statement
• Copy of the last two years of your personal federal income taxes
• Copy of the last three years business federal income taxes and financial statements
• Business projections