Equipment Loans

Is your equipment old, wore out and needs replaced, or maybe you just need a new piece of equipment. Welch State Bank can help you with the financing.We offer equipment and machinery loans to meet the various needs for your business. New equipment or used, we have terms ranging from months to years and are based on the remaining useable life of the asset. Loan terms of 3 years to 7 years are most common. 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. To discuss you plans, call us at any location.