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Commercial Real Estate Loans
We offer a wide variety of commercial real estate loans to assist customers with their business and financial objectives. Our community bank loan officers are experienced professionals who have the authority to structure a real estate transaction with terms that are specifically designed to accommodate the cash flow needs of each customer.
Following are some of the most common property types financed by our bank:
Income Producing Properties
Our bank offers financing for investments in income-producing properties including the land acquisition and construction cost. We also finance the acquisition of existing properties or the refinancing of your existing owned investment properties. Our experienced lending officers will structure the terms to meet your specific needs including short-term, intermediate or long-term financing.
Land Acquisition and Development
We finance the land acquisition and development of real estate for single family, multifamily, or commercial properties. Our experienced lenders are knowledgeable about the local real estate markets and can assist customers with a loan structure best suited to their specific financial needs.
Construction Loans
We offer construction loans to professional builders for the construction of single family, multi-family, and commercial properties. Our loan officers will provide assistance to borrowers for developing an intermediate and permanent financing plan.
Owner Occupied Business Properties
Our bank finances the construction or acquisition of commercial real estate for borrowers who need facilities to house their business operation. These loans may be for business expansion into a new market, relocation of an existing business, renovation or improvements in an existing facility or other business purposes including long-term working capital. Our experienced commercial lenders will assist customers with the most appropriate loan structure to suit financial needs.
Special Purpose Real Estate
Because we are community bankers, we have a stake in the growth of Central Missouri. To help with community improvements, we finance a wide variety of special purpose real estate properties including: church buildings, private educational facilities, medical buildings and complexes, movie theaters, restaurants, motels/hotels, agribusiness facilities and car washes. Our community-minded lenders will design flexible terms and structures to meet the needs of our customers.
SBA 504 Program
The Small Business Administration has a 504 program for real estate and long-term equipment transactions. The total project cost is segmented into three categories:
~50% Bank financing on conventional terms
~40% SBA financing on more favorable terms with a fixed interest rate for up to 20 years
~10% Or more borrower injection
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