Ag and Commercial Lending
We know farming and have a wide range of services to fit your borrowing needs. We welcome the opportunity to be of service to you.
Ag loan products include:
- Real Estate Loans
- Operating Lines of Credit
- Farm land
- Crop expense, inputs, repairs & maintenance, working capital
In any borrower/lender relationship, it is essential for the borrower to provide an understanding of the business with the following information:
- Current balance sheet with supporting schedules and inventories
- Income statement
- Projected cash flow
- Production Plans – a good set of records showing production plans and short & long range goals
- Personal info
- Off-Farm income information
For this information to be the most helpful, at least two years of data is needed.
Contact Paul Miller at 217-472-3211.
Every business is unique with its own specific needs. We offer a variety of commercial lending services to meet those specific needs. Give us a call at 217-245-4111 to see how we might be able to assist your business or stop by any of our locations.
|Type of Business
||Account Features and Benefits
|Small Business Loans (SBA)
||New and existing businesses that need assistance with acquisition of new equipment, working capital, or long-term financing needs.
||Flexible terms, Competitive fixed and variable rates, 7(a) and 504 programs available
||Businesses wishing to expand, replace older assets, or refinance existing loans. Businesses in need of credit to cover short-term or long-term needs of business.
||Flexible terms, Competitive fixed and variable rates, Term Loans and Working Capital Lines of Credit
|Real Estate Loan
|| Businesses looking to expand to a new facility or remodel an existing one.
||Flexible terms, Competitive fixed and variable rates, Commercial Real Estate and Commercial Construction
Contact any of the following lenders to discuss your lending needs.
Jacksonville - 217-245-4111
Chapin - 217-472-3211
Virden - 217-965-4968
Litchfield - 217-324-2576