Term loans provide funding for purchases of shorter-life business assets such as vehicles, equipment, machinery, increased inventory and business expansions.

We offer fixed or variable rates with flexible payments to reduce the balance over time.  These loans are typically secured and do not carry a prepayment penalty.

For more information or to schedule an appointment, please contact Jim Peterson at (715) 398-8924 or Stacey Johnson at (715) 398-8908.  You must also complete the business loan application (Business Loan Application Link) either by filling it out before you come into the office or at the office.  If you are ready to apply, you will need to bring in the following:

Financial information:

• Federal tax returns and all supporting schedules for the last two or three years and/or
• Year-end financial statements for the last two or three years
• Interim financial statements, if available
• Annual budgets or yearly projections, if completed.
• Current personal financial statement from each owner/shareholder
• Most recent year income tax returns from each owner/shareholder