Grand Valley Bank is a recognized leader in small business lending in our communities.
We understand that your business deserves the attention to detail that our lenders can provide. Our loan decisions are always made locally with you in mind. Speak with your Grand Valley Bank Loan Officer today about your business's lending needs.*
- Competitive Rates
- Experienced Lenders
- Fixed Monthly Payments
- Automatic Withdrawals from your Grand Valley Bank Checking Account is available
*You must be at least 18 years of age to apply for a loan.
Grand Valley Bank is your local Ag Lender. Making our lending decisions locally is a benefit to you. We are a part of the same community you are and appreciate the opportunity to partner with you in your agriculture business.
Seasonal and Operating lines of Credit
- Livestock - Advancing or Revolving Lines
- Crop Production or Farming - Advancing or Revolving Lines
- Feeder Operations
- Herd Replacement
- Purchase or refinance equipment
- Capital Improvement to add fixed equipment
Agricultural Real Estate Loans
- Purchase or refinance equipment
- Purchase or refinance vacant AG land
- Construct or improve out buildings
U.S. Farm Service Agency (FSA) guarantees provide benefits to agricultural borrowers that are similar to the benefits that the SBA provides for commercial borrowers. The FSA is an agency of the federal government.
Contact any of our lenders for more information.
Grand Valley Bank has a long history of business construction loans for both commercial properties and residential (spec or pre-sold) properties. We can help you with permanent financing once the construction phase is complete. Speak with one of our lenders today to schedule an appointment at a branch near you. We are happy to answer any questions you may have about our construction lending programs. We have personal construction and mortgage loan options as well.
Rates and terms depend on the complexity of the project, the amount financed and borrower qualifications. Call with questions or to set an appointment with our Mortgage and Construction Lenders.
Personal loans and home mortgages are available as well.
Capital or Equipment Loans
Grand Valley Bank is a recognized leader in small business lending in our community.
Seasonal and Operating Lines of Credit
- Provide working capital to maintain growth
- Purchase inventory and supplies
- Brief cash flow needs
Vehicle and Equipment
- New or updated vehicles
- Equipment replacement, maintenance, and growth
Commercial Real Estate
- Rental properties
- Office, retail, warehouse, manufacturing, and other facilities
Special Loan Programs
U.S. Small Business Administration (SBA) and Colorado Housing and Finance Authority (CHFA) loans are available as well.
For details, call or come in to see one of our commercial lenders who will explain the options of the various loan programs and help you to decide which is right for you.
Small Business Loans
We offer SBA financing for:
- Real estate loans for expansion or relocation of your business
- Purchase of equipment
- Working capital
U.S. Small Business Administration (SBA)
Financing is available to assist businesses in obtaining financing when conventional bank financing is not available within the terms the business needs. The SBA is an agency of the U.S. Federal government.
SBA 7(a) Loans
New businesses, businesses undergoing a transition that is negatively impacting their cash flow, businesses that need some special repayment terms or those which lack the required collateral many times find conventional financing unavailable. In those cases, an SBA (7A) guarantee provides added support that allows the bank to make available the financing with the necessary terms.
- 7(a) financing includes loans for equipment, working capital and real estate.
- Rates and terms depend on the purpose of the loan and the borrower qualifications.
- You will originate your request for SBA financing with your Grand Valley Bank lender. Once approved by the bank, the lender will forward the request on for the SBA approval. The SBA approval can take several days to several weeks.
- Borrowers pay an SBA guarantee fee and bank packaging fees. Ask your lender for details.
SBA 504 Loans
When a business does not have the capital to fund the typical 25% down payment that is required for conventional bank real estate financing, the 504 program can provide financing with as little as 10% down. This program is a partnership between Grand Valley Bank and the SBA. The bank will carry a 1st lien on the real estate while the SBA provides a loan with a 2nd lien. This allows the bank to maintain their loan within their necessary loan to value ranges. In some cases the bank would provide 1st lien financing of up to 50% loan to value while the SBA would provide 2nd lien financing of up to 40%. In that case total financing would be 90%
The interest rate on the SBA portion of your financing will be fixed at a low interest rate. There are some loan origination costs as well as monthly fees that will apply. The interest rate on the bank portion of the financing will be adjustable.