Business – Loans

 
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Small Business Loan Tips

Construction Loans

Commercial Construction Loans
Park State Bank & Trust offers competitively priced loans to finance the construction of income-producing properties such as office buildings, shopping centers, warehouses, showroom space, apartment buildings or condominium buildings. The loans are serviced by a local loan officer. We will come to your location for your convenience.

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Proof of Insurance, Business Loans

Residential Construction Loans
Park State Bank & Trust offers construction loans to build speculation (spec) or pre-sold 1-4 family homes. The loans are competitively priced and serviced by a local loan officer. Contact us today for more information.

At Park State Bank & Trust, we understand that each loan applicant has different needs. We do not have a “one-size fits all” loan structure. Instead, we focus on listening to your ideas and coming up with a solution. We provide one-on-one customer service that you cannot get at larger institutions.

For more information please contact us, or visit our Woodland Park location to apply. We are happy to come to you by appointment.

Line of Credit

Park State Bank & Trust combines a line of credit with the convenience of a checking account.

  • A credit line of $5,000 or more that may be unsecured or secured by acceptable forms of collateral.
  • You can access your Line of Credit by check, Debit Card, Internet Banking, 24-Hour Telephone Banking, electronic debit, or in-person bank withdrawal.
  • Interest accrues only on the outstanding balance, and you may arrange to have payments automatically deducted from your Park State Bank & Trust business account.

We do not have a “one-size-fits-all” loan structure. Instead, we focus on listening to your ideas and coming up with a solution. We provide one-on-one customer service that you cannot get at larger institutions.

For more information please contact us, or visit our Woodland Park location to apply. We are happy to come to you by appointment.

Mortgages

You need to finance or re-finance your organizations property. Your Park State Bank & Trust loan officer will work with you to find a loan structure that is priced right for your business. Stop in or call today so that we can listen to your needs and work to find a solution for you.

Commercial Building Loans
Preserve your cash while growing your organization. Park State Bank & Trust offers up to 80% Loan-to-Value financing for certain owner-occupied commercial mortgage loans. Eligible uses for the program include:

  • purchase, renovation or expansion of existing building
  • purchase land/construct new building(s)
  • purchase machinery and equipment.

At Park State Bank & Trust, we understand that each loan applicant has different needs. We do not have a “one-size-fits-all” loan structure. Instead, we focus on listening to your ideas and coming up with a solution. We provide one-on-one customer service that you cannot get at larger institutions.

For more information please contact us, or visit our Woodland Park location to apply. We are happy to come to you by appointment.

Letter of Credit

Performance letters of credit are issued as a bank guarantee for an obligation of the applicant. They can be needed under a variety of circumstances, including inducing the guarantee of delivery of goods or services or guarantee of a payment.

Single Payment Loans
Commercial single payment loans are made for a specific purpose or use. Often these are done on a short-term or bridge basis. These loans give you the ability to receive funds in advance with the repayment coming at a set future time.

At Park State Bank & Trust, we understand that each loan applicant has different needs. We do not have a “one-size-fits-all” loan structure. Instead, we focus on listening to your ideas and coming up with a solution. We provide one-on-one customer service that you cannot get at larger institutions.

For more information please contact us, or visit our Woodland Park location to apply. We are happy to come to you by appointment.