Business Loans

You’re invested in the Great Lakes Bay region. You’ve built your business here. If you need a business loan, it just makes sense to work with a bank that’s equally invested in the area; one that wants to invest in your business’s success. That’s 1st State Bank. Based right here in the Great Lakes Bay region. Locally owned, local employees, local decision making. With decades of experience serving the business banking needs of people like you. We provide a complete line of business loans with competitive loan rates and flexible terms to meet your business’s unique financing needs.

Lines of Credit
Business Term Loans
Business Real Estate Mortgages
Small Business Administration (SBA) Loans
Letters of Credit
Business Charge Cards
Equipment Leasing

Small Loan Program

The Small Loan Program is a streamlined application and approval process for business customers seeking financing up to $250,000, and whose business is located in Saginaw, Bay or Midland counties. The Small Loan Program financing options include the following

Business Term Loan

Financing up to $250,000
Funds generally used for the purchase of fixed assets (e.g., machinery/equipment, vehicles, real estate) and building improvements/expansions
Regular payments of principal and interest until loan maturity or payoff
Fixed or variable interest rate
Amortization terms up to 10 years for equipment and 20 years for real estate
Business buy/sell financing options available
Prepayment penalties may apply
Automatic payment from your 1st State Bank business checking account

Business Line of Credit

Financing up to $150,000
Funds generally used for short-term cash flow needs to cover operational expenses like payroll, accounts receivable, inventory or seasonal costs
Regular payments of interest with principal reductions at the discretion of the borrower
Variable rates of interest tied to Wall Street Journal Prime Rate
Interest only due when Line of Credit carries a balance
Automatic payment from your 1st State Bank business checking account

For assistance or questions, please contact us at Small Loan Program E-Mail

For your convenience, please use our Amortizing Loan Calculator to estimate your monthly payment.

If you are a current 1st State Bank business customer, we encourage you to reach out to your existing business lender. If you are not a current 1st State Bank business customer and prefer to speak with a banker, reach out to any one of our experienced Business Lenders or Branch Managers.

Business VISA®card

Manage Your Business Charge Card

Our Business Charge Card provides you with benefits and rewards while providing the purchasing power you need. Let 1st State Bank’s business charge card be your safe, fast, convenient way to manage your business.

Customer service available 24/7
No annual fee
Earn cash, travel and merchandise rewards through ScoreCardRewards.com
Choose from three statement formats
Online account management by eZBusiness
Manage cash flow
Monitor employee spending
Options to manage user cards
Set individual spending limits
Lock access and more…

Reward Your Company

Points you earn on the 1st State Bank Business Charge Card can be redeemed for cash rewards as a statement credit! Points can also be redeemed for name brand merchandise or travel rewards.

Ask your banker how you can apply for a 1st State Bank Business Charge Card today. Visit ScoreCardReward.com to redeem your points. Visit ScoreCardRewards.com to check your balance and redeem your points!

VISA® Business Data Solutions

VISA® Business Data Solutions provides a faster, more efficient way for business customers to pull their commerical card transaction data and make strategic decisions based on data-driven insights.