Commercial Loan Products
Whatever your business loan needs might be - buying a building, buying new equipment, or even expanding, we're ready to lend you money. With our flexible lines of credit and competitive term loans, Northwest Bank & Trust Company provides the resources to help you make the most of every opportunity.
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Term Loans to purchase or refinance business fixed assets or working capital. Loan amortization up to 7 years.
Commercial Lines of Credit
Lines of Credit to help fund your operating cycle. Lines of credit under $150,000 can have terms up to 5 years.
Rolling Stock & Heavy Equipment Specializing in Small Fleets & Owner-Operators.
Commercial Real Estate
Amortizations up to 15-25 years. Used to purchase or refinance anything from a single family investment property to multi-million dollar warehouse or retail strip center.
Loans to build spec or pre-sold homes. Commercial real estate construction loans can be short-term or single-close, long term loans with maturities up to 5 years and amortizations up to 25 years.
Northwest Bank & Trust is committed to helping all small businesses. We have established a strong partnership with the U.S. Small Business Administration, resulting in being recognized as a Top Volume Lender for the SBA in the State of Iowa for 7 of the last 8 years.
U.S. Small Business Administration
Illinois Small Business Development Center
Iowa Small Business Development Centers
Eastern Iowa Small Business Development Center
Loans to start-up, purchase, expand or refinance businesses. Proceeds can be used to purchase a business, equipment, real estate, inventory or for working capital or leasehold improvements. Collateral can consist of real estate or business assets. Terms are up to 7 years for working capital, 10 years for equipment and 25 years for real estate.
SBAExpress/Community Express Loans
SBAExpress is available for loans and lines of credit up to $350,000. The bank underwrites the loans for a quick turnaround.
SBA 504 Loans Program
Lower down payment and 20 year fixed financing for a portion of your real estate acquisition or renovation.
Iowa Business Growth