CountryBank USA

Business Loans

Business Loan Checklist | SBA Guaranteed Loan Programs | SBA Forms
Visa® Business Card | Other Business Loans Programs

We offer all types of loans for small businesses, whether it is a loan to buy a new business, to refinance an existing one, to purchase inventory or equipment or to help you expand. Fixed and variable rates are available with flexible repayment options.

If you're new to our bank, we've included a checklist to help you get started. We'll help you with the legwork and make the process easy. Just gather up the following information and stop in to see us.

Business Loan Checklist

Personal Financial Statement of all owners with more than 10% ownership.
Detailed, signed Balance Sheet and Profit & Loss Statements current (within 90       days of application and last three fiscal years.)
Detailed one (1) year projection of Income & Finances
      (please attach written explanation as to how you expect to achieve same).
A list of names and addresses of any subsidiaries and affiliates
Type of business (sole proprietorship, partnership, LLC, corporation, etc.)
Signed Business Federal Income Tax Returns for previous three years.
Signed Personal Federal Income Tax Returns of principals for (3) years.
Personal Resume including business experience of each principal.
Brief history of the business: Include an explanation of why the loan is needed      and how it will help the business.
Copy of Business Lease (or note from landlord giving terms of proposed lease.
For purchase of an existing business:
    Current Balance Sheet and Profit & Loss Financial Statement of business to           be purchased.
    Previous two (2) years Federal Income Tax Returns of the business.
    Propose Bill of Sale Including: Terms of Sale.
    Asking Price with schedule of:
        Inventory
        Machinery & Equipment
        Furniture & Fixtures

Print the Business Loan Checklist

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SBA Guaranteed Loan Programs
In some instances traditional business loans might not be appropriate for your business. That's why we provide options. A CountryBank USA Commercial Loan Officer can help you decide if an SBA loan would work for your business and we'll help you put the package together. We have a lot of experience in SBA loans.

If you think an SBA loan might be right for you, please compile the information in the checklist above. You can even fill out your application online, print it out, and bring it to the bank along with the other items in the checklist.

To access the SBA forms, click on the "Rural Lender Advantage" link below.

Note: In order to download these .pdf forms you will need Adobe Acrobat Reader. To download a free copy, click below.

SBA Program

Rural Lender Advantage: Use this link to obtain information regarding the Rural Lender Advantage.

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Visa® Business Card
From travel expense, meals and entertainment, to purchasing supplies or anything in between, a Visa® Business Card will help your business save time, increase record keeping efficiency, and improve budgeting. The CountryBank USA Visa® Business Card is accepted at thousands of locations around the world providing convenience for your business travel needs. Each month you'll receive an itemized statement of expenses incurred on each employee card. To apply for a Visa® Business card, contact us online or stop by one of our offices.

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Other Business Loans Programs
We also work with other loan programs through the Rural Development Agency (RDA), North Central Planning, Bank of North Dakota, Federal Home Loan Bank and various local community development agencies to package a loan just right for you and your business.

You may also find our useful links helpful in obtaining pertinent information for your business.

To have a Commercial Services Officer help you design a plan to fit your business needs contact us online or stop by or call your local branch. We're looking forward to working with you!

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