Business Loans- As a local commercial bank
State Bank of Townsend is devoted to the prosperity and growth of businesses
in our community. Because we are locally owned and locally managed, all
credit decisions are made right here—not at an out-of-state headquarters.
That means quick turnaround time on each loan application. We offer many
different types of loans with competitive rates and terms to meet the needs
of corporations, partnerships and sole proprietorships. Here is a sampling
of some of the Business Loans we offer:
• Business Real Estate Loans-We have options
to help you purchase, renovate or build your building for your business
including SBA 504 loan program.
• Operating Loans and Lines of Credit-We work
with you to select the correct option for you with the right repayment plan
to help make your business a success.
• Equipment-Let us help you purchase that next
piece of equipment, new or used, to take your business to the next level.
• Small Business Administration (SBA)-State
Bank of Townsend is an approved SBA lender. All loans must meet SBA criteria
for a small business. Stop by or call to see if your business would qualify.
*All loans subject to credit approval*