Commercial or Agricultural Lending
The strength behind every good business is a solid banking relationship with their lender. Wadena State Bank is the area leader of lending for both business and agricultural loans. Being locally owned and operated, we can make quick decisions regarding financing of business loans and lines of credit.
Loan financing is available for:
- Building or expansion of a business or farm operation.
- Inventory or livestock acquisition.
- Establishment of an operating line of credit.
- Small Business Administration (SBA) Lending.
Small Business Administration (SBA) Financing – SBA is an excellent financing tool that offers the opportunity for many entrepreneurs to carry out their dreams of starting a business. Wadena State Bank has initiated many SBA loans for businesses over the years and will continue to evaluate all SBA financing options for prospective and current business customers.