© 2009 State Bank of New Prague. All Rights Reserved.
Lending Services
BUSINESS LOANS
We take a personal approach to meeting our business clients’ needs by taking time to understand your business in order to create a plan that puts you on the path to success.
Contact us for more information about business loans available at the State Bank of New Prague.
COMMERCIAL LOANS
- Letters of credit
- Funding for capital expenditures
- Working capital to cover operating expenses
- Financing of inventory, accounts receivables and other business assets
LINES OF CREDIT
- Flexible borrowing arrangement for short-term funds
- You may borrow up to a redetermined amount as needed
- Finance seasonal cash flows
- Build inventories
- Carry temporary expansions of accounts receivable
- Take advantage of discounts
TERM LOANS
- Designed for intermediate term borrowing needs up to 7 years
- Finance permanent assets such as manufacturing equipment, machinery, computers, trucks and trailers, and electronic and technical hardware and software
- Repayment based on the life of the asset and your company's cash flow
SBA LENDING
- Commercial real estate purchase
- Construction
- Business acquisition or expansion
- Equipment or inventory purchase
- Refinance
- Working capital
Learn more about SBA lending.
1 Subject to approval.
The State Bank of New Prague is a full-service community bank helping the
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
Member FDIC | Equal Housing Lender | © 2009 State Bank of New Prague. All Rights Reserved.
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and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.