Business Loans

Money is the lifeline of any business. So whether you’re starting a small business or managing an existing one — securing financing for equipment, expansion or operating lines of credit can be a daunting task.

Greenwoods State Bank (GSB) is locally owned and operated, making local decisions for local businesses. You deserve a bank that is responsive, solution-oriented and offers competitive rates.

At GSB we provide comprehensive banking solutions that help make the job of managing your business finances easier. We have lenders with more than twenty years of experience who understand local businesses and markets. Our goal is to develop a financing plan that works for your business or organization.

GSB services that can help your business grow and work efficiently:

  • Lines of Credit & Letters of Credit
    A line of credit may be the best means of providing short term borrowing to manage liquidity needs and the seasonality of many businesses. Does your business require letters of credit? GSB is prepared to assist you with the needs associated with this product.
  • Term Loans
    GSB can provide your business with financing for machinery, equipment, inventory and receivables that have terms and maturities that match the collateral and your business needs.
  • Construction Loan and Real Estate Loans
    You’ll find a variety of real estate financing options to build your business location or expand an existing one. We provide construction and permanent financing with a number of amortization options.

These may be business loans, but we understand and appreciate that your business is personal. As your partner in finance, we are committed to your success.

We process everything in-house, providing strategic guidance for you along the way. Whether you need to upgrade equipment, improve property, or cover expenses, we offer competitive interest rates and flexible terms to meet your needs.

  • Financing for almost any commercial use.
  • Competitive rates that help keep payments low.
  • Local decision-making.
  • In-house processing from a locally-owned bank.
  • Term options to fit your situation.
  • Personal assistance from knowledgeable staff.
  • Automatic payment option available.
  • Online, mobile and remote access to free up your time.

Lines of Credit

As a business owner, you never know exactly what issues lie around the corner. Handle unexpected cash needs as they arise and seasonal fluctuations with a GSB line of credit.

Access funds quickly and easily when you need them. Best of all, you only pay interest on what you use. Prepare your business for marketplace challenges with a flexible line of credit.

Reasons to use a GSB Line of Credit:

  • Funding for almost any commercial use.
  • Additional funds can boost working capital.
  • Ideal for short-term or seasonal needs.
  • Access funds as you need them.
  • Pay interest on only what you use.
  • Re-access funds without re-applying.
  • Personal assistance from knowledgeable staff.
  • In-house processing from a locally-owned bank.
  • Automatic payment option available.

Commercial Real Estate

Whether you are investing in commercial real estate to grow your business or your net worth, we have customized financing programs to suit your needs.

We offer in-house approval and guidance to meet your company’s unique situation. Whether you’re upgrading your existing property, buying a new location or refinancing, we’ll make it happen quickly and affordably.

Reasons to use GSB Commercial Real Estate Loans:

  • Financing for purchase or refinancing of:
    • Office and retail buildings
    • Warehouses
    • Medical offices
    • Commercial and industrial buildings
    • Apartment complexes.
  • Local decision-making.
  • In-house processing from a locally-owned bank.
  • Short-term construction loans available.
  • Competitive interest rates keep payments low.
  • Many repayment schedule options.
  • Personal assistance from knowledgeable staff.
  • Automatic payment option available.

SBA Loans

All businesses, big or small, are important to us. If your business is in need, we’ve got you covered. According to the U.S. Department of Labor, economic signs are improving in the Wisconsin market area and more people are entering the workforce as wages increase.

We provide local expertise to help you qualify for loans through the U.S. Small Business Administration (SBA). This opens up low-interest loan funds to businesses that otherwise might not qualify for traditional lending. 

Reasons to apply for a SBA loan:

  • Special financing for qualifying businesses.
  • Partially guaranteed by the federal government.
  • In-house processing from a locally-owned bank.
  • Purchase equipment or property.
  • Use for working capital.
  • Low down payment options.
  • Term options to fit your situation.
  • Personal assistance from knowledgeable staff.
  • Automatic payment option available.