Business/Commercial Loans

Helping You Achieve Success

The spirit, passion and determination of local business owners and farm families are what built our communities. We believe in being there for our neighbors and helping them pursue their dreams. Our lending services for local agriculture and businesses are focused on providing what’s necessary to achieve success.

Let's Get Started!

Want to get started with a loan, discuss options, or learn more about what we have to offer, but not sure who to contact? Fill out a contact form.

Contact Us

What documents do you need for a loan appointment?

  • Three years of financial statements
  • Three years of tax returns

Commercial Loan Options

We are a SBA Preferred Lender! What does that mean?

We can help borrowers get the funds they need faster than a regular SBA lender. With the preferred lender status, we have the authority to make final credit decisions on SBA-guaranteed loans, which makes the process faster.

Business Start-Up Loans

A business start-up loan is the financing to pay for the needs of a new business. It can help you cover the initial costs needed to establish your new business, including things like working capital, real estate, equipment, supplies, and inventory.

Business Expansion Loans

Business expansion loans are small business loans that provide business owners with the capital they need to make investments in their companies, often through physical expansion.

Line of Credit

A line of credit is a flexible loan for businesses that works like a credit card. Companies draw money from their credit lines as needed, only paying interest on the portion of money borrowed. As they repay the amount borrowed, they replenish the funds available.

Letter of Credit

A letter of credit is a document from a bank or other financial institution guaranteeing that a specific payment will be made in a business transaction.

*PREFERRED LENDER*
Small Business Administration (SBA) Loans

These SBA-backed loans make it easier for small businesses to get the funding they need.

Learn More

US Department of Agriculture (USDA) Loans

USDA Rural Development is committed to helping improve the economy and quality of life in rural America via grants, direct loans, and guaranteed loans.

Learn More

Inventory Loans

Inventory loans are a type of short-term business loan offered to retailers so they can buy stock.

Commercial Real Estate Loans

A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to residential property. Commercial real estate (CRE) refers to any income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments.

Rolling Stock & Vehicle Loans

Rolling stock loans are referring to transit vehicles such as buses, vans, cars, railcars, locomotives, trolley cars and buses as well as vehicles used for support services.

Machinery & Equipment Loans

These loans are used for the purchase of machinery and equipment essential to running your business. You can use an equipment loan to purchase anything from office furniture and medical equipment to farm machinery or commercial ovens.

Contact a Commercial Lender

We are full-service and all operations stay within our bank, providing you with a personalized financial experience.

Robert Klocke
Robert J. Klocke Executive Vice President of Lending Location: Mason City West 641-380-3407 Email Robert
Cathy Rottinghaus
Cathy Rottinghaus Residential RE Lending/Market President Location: Charles City 641-257-5041 Email Cathy
Kevin Meyer
Kevin Meyer Chief Credit Officer Location: Mason City West 641-380-3439 Email Kevin
Jerome Bormann
Jerome Bormann SVP, Community Lending Location: Mason City West 641-380-3323 Email Jerome
Gene Rosenbaum
Gene Rosenbaum VP, Lending Officer NMLS ID: 401695 Location: Clarion 641-494-5822 Email Gene
Ryan Eekhoff
Ryan Eekhoff VP, Lending Officer Location: Kanawha 641-494-5811 Email Ryan
Trever Olsen
Trever Olsen VP, Lending Officer NMLS ID: 1314367 Location: Osage 641-494-5872 Email Trever
Bob Savre
Bob Savre Community President Location: New Hampton 641-494-5861 Email Bob
Andrea Fix
Andrea Fix VP, Lending Officer NMLS ID: 1775908 Location: Mora, MN 320-209-6407 Email Andrea
John Molitor
John Molitor Community President Location: Osage 641-494-5871 Email John
Mike Weinand
Mike Weinand Community President NMLS ID: 449278 Location: Mora, MN 320-209-6433 Email Mike
John Udelhofen
John Udelhofen SVP, Senior Lending Officer Location: Mason City West 641-380-3324 Email John
Kevin Sullivan
Kevin Sullivan SVP, Senior Lending Officer Location: Mason City West 641-380-3396 Email Kevin
Brad Schoneberg
Brad Schoneberg VP, Senior Lending Officer Location: Mason City West 641-380-3346 Email Brad
Joel Thompson
Joel Thompson SVP, Senior Lending Officer Location: Charles City 641-257-5047 Email Joel
Luke Gast
Luke Gast VP, Lending Officer Location: Mason City West 641-380-3350 Email Luke
Grant Petersen
Grant Petersen VP, Lending Officer Location: Mason City West 641-380-3443 Email Grant
Mark Skogerboe
Mark Skogerboe VP, Lending Officer Location: Clarion 641-494-5823 Email Mark
Paul Gilbertson
Paul Gilbertson Lending Officer NMLS ID: 2401235 Location: Mora, MN 320-209-6424 Email Paul
Melissa Moretz
Melissa Moretz AVP, Lending Relationship Officer Location: Mason City West 641-380-3450 Email Melissa
Sara Shaw
Sara Shaw AVP, Lending Relationship Officer Location: Mason City West 641-380-3349 Email Sara
Jacob Hackman
Jacob Hackman AVP, Lending Relationship Officer Location: Mason City West 641-380-3467 Email Jacob
Katie Schulz
Katie Schulz AVP, Lending Relationship Officer Location: Mason City West 641-380-3452 Email Katie

Want to Start Your Own Business?

The Small Business Administration (SBA) offers a guide for the 10 steps to start your own business. We are a preferred lender making the loan process a little easier.

Check Out the Guide SBA Website

Our Internship Program

Information and Eligibility:

  • College Students
  • Summer Internship Program
  • Offered within departments including Retail, Lending, Wealth Management, IT, and Marketing

Learn More

Other Business & Loan Options