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Commercial & Agricultural Loans
At American Bank, we feel that strong relationships are key to a
successful business. Our team of commercial bankers will visit your place
of business, get to know you and your particular needs, and customize a
package of products and services to meet your specific requirements.
Commercial Loans - From start-up to growth to changes in the
economic climate, accessing capital is crucial to the success of any
business. Structuring and securing the right commercial loans takes the
expertise, flexibility and possibilities available at American Bank.
We offer a wide range of loans tailored to the unique needs of your
business. Whether you are financing day-to-day operations or long-term
expenditures, we are here to lend a helping hand. Your Commercial Loan
Officer will discuss which choices are most suitable for your business.
Working Capital Loans and Revolving Lines of Credit - These loans
can be used for business expansion, to acquire inventory, advertising,
promotions, accounts payable, or to pay down other obligations. Loans
function on a revolving basis, usually by a loan agreement, with a
floating interest rate.
Construction Loans - Construction loans can be used to purchase
property, renovate current facilities, and build new construction.
SBA and Other Government Backed Loans - SBA Loan benefits include
longer terms, larger loan amounts, and more competitive rates than you
might be able to obtain through a conventional loan. As an SBA preferred
lender, you can be confident that a Commercial Loan Officer will assist
you in finding the right loan program for you.
Equipment Loans - American Bank offers a variety of options for
all your equipment needs, including leasing or direct purchase of
business essentials.
Agricultural Loans - American Bank is dedicated to local farmers
and takes great pride in offering personalized financial solutions for
your agricultural needs. The staff at American Bank has a solid
understanding of the complex and changing ag world. We provide many
options to meet your unique needs including: farm operating lines of
credit, capital purchases, machinery and equipment purchasing. If your
operation is looking to grow, please contact us today!
For more information contact a commercial lender at:
Metro:
651-643-8480
Albert Lea/Alden:
507-377-7000
Olivia/Renville:
320-523-1111
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