Business Loans


Regardless of what type of business you own or manage, we can help by providing the services the big banks offer with the added reassurance of knowing that we make LOCAL decisions, offer LOCAL financing and LOCAL servicing. Finding the right loan to meet your business needs can be difficult. They don’t all come in one size or shape, and our Lending Officers realize that. When you need us, we’re right here where we have been since 1923, offering various options for your lending needs.


Looking to start a new business and need financing? Our loan decisions are made locally by people who understand what starting up a business is all about. We offer flexible terms, competitive rates, and unmatched customer service. Our lending staff understands the unique requirements of your small business and will assist you in every way possible to see your dreams come true.


Is your equipment old, worn out, and needs to be replaced? Maybe you just need a new piece of equipment? We can help you with the financing! We offer equipment and machinery loans to meet the various needs for your business.

  •  Loan terms of 3 years to 7 years are most common
  •  New equipment or used, we have terms ranging from months to years and are based on the remaining useable life of the asset
  •  Monthly, quarterly, semi-annual and annual payments are all available to match your income stream
  •  Our down payment requirements can be met from cash or equity in other assets that can be taken as additional collateral


A business line of credit is a loan up to a specified amount that you can draw funds on for the business. The advantage of a line of credit is you pay interest on only the amount you draw. Open a Welch State Bank checking account and we can transfer the money for you at your convenience. A business line of credit is a great way to:

  •  Improve Cash Flow
  •  Purchase New Inventory
  •  Purchase New Materials
  • Purchase New Equipment

Your line of credit can be secured or unsecured with several repayment options.


Business Real Estate Loans are for the business owners looking to purchase new or finance existing commercial real estate. We offer various loans to meet the needs of your business. We take great pride in making local decisions for our communities; let us provide the financing for your business today!


As an SBA lender, we can help your business grow with several types of SBA Loans. SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, or supply working capital for ongoing financing needs. SBA loans make it possible to qualify businesses more easily and provide them with more flexible terms than conventional loan options, letting you preserve working capital for other expenses. Qualifying for an SBA loan is easier than qualifying for other loans. First, the SBA allows higher loan-to-value ratios. Depending on your loan request, you may be able to borrow up to 100% of your financing needs. Secondly, we can potentially offer longer finance terms with different payment options. This may be especially advantageous if your business is growing rapidly.