Business Loan Products
  

At Century Bank, we will work hard to understand your operation as well as you do and to find ways to improve your bottom line.  We pride ourselves on providing products, services and expert advice that many community banks can't provide.  All decisions are made locally, ensuring a quick turn around time. 

Please click on any of the below links for further information or call Century Bank at 712-246-2205 or 877-262-7436, and we'll be glad to help.

Business Real Estate Loans

 

Business Operating Lines of Credit

     

Special Business Loan Programs

 

Machinery/Equipment Loans

  
  
Business Real Estate Loans
  

We offer a wide range of commercial real estate lending products.  We can provide extremely competitive variable or fixed rate options.  We have no closing fees and only require payment for "out of pocket" expenses.  We also have flexible terms and payment options up to 25 years.  Equity requirements can be as little as 20 percent, depending on a borrower's financial strength and type of property being purchased or refinanced. 

Whether you are purchasing a building or location or refinancing existing debt we can help.  Our fast turn around time ensures that you will not miss out on an opportunity waiting for loan approval.   

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Business Operating Lines of Credit
  

We provide operating lines of credit for all types of business, including retail, wholesale or manufacturing or any other type of business you are involved in.

Our operating lines of credit offer both variable and fixed rate options.  We provide lines of credit to fund accounts receivable and/or inventory.  We work hard to understand your business and to develop a product and program that will fit your specific needs.

We work hard to learn your business and your goals, so that we can be a valuable partner to help you improve your profitability. 

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Specialty Loans
  

Century Bank's Business and Commercial Loan Department participates in various special loan assistance programs to provide additional opportunities in conjunction with our conventional programs.

Small Business Administration:

  • 504 Certified Development Company Program
  • 7(A) for Business Startups, Renovation, or Expansion Low Doc
  • Also Farmer Mac I, Farmer Mac II, and rural Housing and Community Development loans are available.

Please contact Century Bank's Agricultural Lending Department at (712) 246-2205 for further information. 

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Machinery/Equipment Loans
  

We offer a full line of machinery and equipment loan products.  We are here to help with any purchase of new or used machinery, irrigation equipment or facilities.  We offer extremely competitive fixed or variable interest rate options.  Our loan repayment terms are flexible and depend on the type of equipment you are purchasing.  We offer loan amortizations from 1-10 years with the majority of loans in the 3-7 year term.

If you are in the market to purchase a new or used piece of equipment, we encourage you to give us a call. 

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NOTICE: Century Bank
116 S. Blossom Shenandoah, IA 51601
(712) 246-2205

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