To discuss your business financing needs, contact one of our Business Development Officers:
627 E Locust
3818 Hubbell Avenue
6410 SW 9th
3601 EP True Pkwy
2301 128th Street
The commercial lending experts at Iowa State Bank are some of the most experienced and professional bankers in the Des Moines area. Our strong ties to the business community have given us tremendous insight into the diverse banking needs of area companies. We really get to know your business and can make recommendations to help your business grow. We’ll partner with you to meet the unique needs of your local business.
As a locally owned institution, Iowa State Bank is dedicated to the economic growth of the community. Our commercial lenders passionately believe in helping local Des Moines businesses. After all, Iowa State Bank is one. Reaching out and meeting the financing needs of small businesses and small business owners is one of the many factors that helped Iowa State Bank achieve an OUTSTANDING Community Reinvestment Act rating. This reflects our level of commitment to the Des Moines metropolitan community.
Talk with a Business Development Officer about:
Lines of Credit
We can structure a line of credit with a variable rate based on accounts receivable and inventory to meet your short-term working capital needs. A revolving line will help facilitate growth and provide maximum cash management flexibility to allow your business to operate.
When you are looking to finance long-term assets such as equipment or machinery, our lenders can structure a financial package to match the useful life of your capital expenditures.
If you are ready to expand or purchase new equipment, we can help your business grow with a long-term capital improvement loan.
Commercial Real Estate
Whether you are looking to expand your existing facilities, invest in a new facility and/or search for real estate investments, we are here to help you. We offer competitive and flexible financing options.
Small Business Loans
As a preferred lender, Iowa State Bank is proud to offer loans that are guaranteed by the U.S. Small Business Administration (SBA). SBA loans can play an integral part in the future growth of your business. The SBA supplies term loans to meet your business objectives, working capital loans for inventory and expansion, as well as provide funds for the purchase of real estate, equipment or leasehold improvements.
Letters of Credit
Letters of Credit are a commitment by the bank used to facilitate international and domestic trade. Iowa State Bank can help assure your financial strength with suppliers and customers.
Applying with Iowa State Bank
Running a successful business requires careful planning and preparation. To apply for a commercial loan, the following items are necessary:
- Business Plan
- Personal Financial Statement
- Personal Tax Returns
- Business Financial Statements
- Business Income Tax Returns
- Collateral Listing