© 2009 State Bank of New Prague. All Rights Reserved.
- Real Estate Lending
- Residential
- Commercial
- Business Owners
- Commercial Developers
- Residential Builders
- Community Development
Business Owners
Term Loans and Commercial Mortgage
If you are considering a major business expenditure such as the purchase of equipment or real estate, term loan financing is often attractive. It is typically repaid from your cash flow, over the useful life of the asset being financed.
Term loans are used for many reasons, such as to:
- Expand or renovate an existing facility, or build a new one
- Purchase or modernize equipment
- Refinance or restructure existing debt
- Finance a merger or acquisition
- Permanently increase your working capital
The State Bank of New Prague can tailor the amount, term, repayment schedule, funding, and pricing method to your specific circumstances.
- Terms can be structured to match your borrowing needs, or to match the life of the financed asset
- Repayment can be tailored to fit your cash flow
- Loans can be arranged with flexible collateral options
- Fixed or floating rates are available depending on market conditions
Contact the State Bank of New Prague to learn more information about our commercial real estate lending services.
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.