Business Loan Rates

To apply for a loan, contact a branch location or apply online.

Rates Effective Today

Each individual’s loan rate is based on criteria such as credit history, age of collateral, and loan term. Not all applicants will qualify for the lowest rate. The rate you receive will be determined once a completed loan application has been reviewed and approved.

Terms can vary based on individual’s credit worthiness, dollar amount financed and the age of collateral used to secure the loan.

Type
Term
Annual Percentage Rate
Monthly Payment Calculation per $1,000
Farm Equipment 2014 & Newer*
36 months
4.50%
$29.75
48 months
5.00%
$23.03
60 months
5.50%
$19.10
Farm Equipment 2013 & Older*
36 months
5.50%
$30.19
48 months
6.00%
$23.49
60 months
6.50%
$19.57
School Bus Loans 2014 & Newer*
36 months
4.50%
$29.75
48 months
5.00%
$23.03
60 months
5.50%
$19.10
72 months
6.00%
$16.58
School Bus Loans 2013 & Older*
36 months
5.50%
$30.19
48 months
6.00%
$23.49
60 months
6.50%
$19.57
72 months
7.00%
$17.05
Business Equipment 2014 & Newer*
36 months
4.50%
$29.75
48 months
5.00%
$23.03
60 months
5.50%
$19.10
Business Equipment 2013 & Older*
36 months
5.50%
$30.19
48 months
6.00%
$23.49
60 months
6.50%
$19.57

*Additional limits, terms, and rates available.  Please contact our Business Services Department at extension 7171 for further details.