Lending & Credit

Commercial State Bank is primarily a short term lending institution, with the average loan maturity being five years or less, although the loan amortization may be over a longer period of time. Commercial State Bank offers a variety of Lending and Credit Services designed to fit your individual needs as well as offering a quick turn around time with local decision making. The information below will give you a brief summary of the Lending and Credit Services offered by Commercial State Bank.

Consumer Loans

Personal Loans: If you need a personal loan to buy something special, go on vacation, or to consolidate debt into one easy payment, talk to one of our loan officers to see if a loan can be structured to your individual needs and budget.

Auto and Pleasure Craft Loans: When buying a car, pickup, or pleasure craft such as a 4-wheel ATV, boat, or personal water craft, talk to one of our loan officers to see if we can structure a repayment plan that will fit your budget.

Low Interest Energy Loans: If you have a home improvement project in mind, such as adding energy efficient windows, installing a new furnace or air conditioner, or adding insulation, talk to one of our loan officers to see if you qualify for a low interest energy loan which is available through the Nebraska Energy Office.

Commercial Loans

Operating Line of Credit: Gives you access to operating funds as you need them and allows you the flexibility to repay these funds as you collect your receivables. Advance requests are generally made in person or by telephone.

General Operating Loans: If you don't need an ongoing Line of Credit, short term operating loans can be obtained. We also offer longer term installment loans designed to fit your cashflow and enhance your financial statement.

Business Equipment: We can finance equipment needs, and will work with you to set up a payment plan that will fit your cash flow.

Commercial Trucking Loans: Whether it's buying a tractor or a trailer, we are experienced in commercial trucking loans and will work with you to set up a payment plan that will fit your needs.

Commercial Real Estate Loans: If you are looking at commercial property acquisitions, making improvements on existing commercial property, restructuring old debt, or obtaining working capital for business expansion, a Commercial Real Estate Loan may be what is needed. With approved credit, we may loan up to 80% of the appraised value or up to 80% of the purchase price, whichever is less.

Agricultural Loans

Master Note/Line of Credit: Gives you access to operating funds as you need them and allows you the flexibility to repay these funds as you sell your crop and/or livestock. Advance requests are generally made in person or by telephone.

General Operating Loans: If you don't need an ongoing Line of Credit, short term operating loans can be obtained. Also, debt can be restructured with installment loans designed to fit your cashflow and enhance your financial statement.

Livestock Loans: With 75 years of experience in financing cattle and swine, we offer financing on qualified livestock purchases.

Equipment Loans: Both new and used equipment may be financed. Equipment loans are typically set up with quarterly, semi-annual or annual payments, depending on what works best with your cashflow needs.

Agricultural Real Estate Loans: If you are looking at agricultural property acquisitions, making improvements on existing property, or restructuring old debt, an Agricultural Real Estate Loan may be what is needed. With approved credit, we may loan up to 65% of the appraised land value or up to 65% of the purchase price, whichever is less.

Real Estate Loans

Residential Real Estate Loans: If you are looking at residential property acquisition, home improvements, or debt consolidation, a Residential Real Estate Loan may be what is needed. With approved credit, you may be able to finance through a FHA loan as much as 96.5% of the appraised value or purchase price, whichever is less, with Commercial State Bank. We can also assist you in investigating other options, such as, NIFA loans, 100% USDA Rural Development loans, down payment assistance programs, and long term fixed rate financing in the national market. Contact one of our officers to obtain further information and a Uniform Residential Loan Application.

Construction Loans: If you are looking at building a house, talk to one of our officers about a Construction Loan. A construction loan allows you the flexibility to borrow only what is needed throughout the construction process. We can also assist you in arranging long term financing for when the Construction Loan matures.

Credit Cards

Commercial State Bank offers a variety of Credit Cards to suit your individual needs. Enjoy some of the many benefits, such as, Purchasing Power, Fast Cash, Car Rental Discounts, Liability Protection, and 24-Hour Cardmember Service. You can apply online for the card that best fits your needs.