Commercial Loans

Grundy Bank is committed to the community it serves. Our lending practices demonstrate our commitment to our business community by actively financing local business endeavors. Our lenders partner with clients and prospective borrowers to create the best financing package possible to help your business grow. We offer loans for start up, expansions, rental properties, purchase of an existing business, operating lines of credit and more.

Lines of Credit

Lines of Credit are used to support you through the ups and downs of your business cycle while giving you the flexibility to take advantage of business opportunities as they arise. It is a cost effective way to borrow, repay and borrow again since you only pay for what you use.

Equipment Loans

Whether you need to enhance your technology needs, expand your product line or increase efficiency our equipment loans are designed to provide you and your company with financing alternatives. We will design a loan that will help meet your business objectives with a tailored repayment plan for your cash flow stream.

Commercial Real Estate Loans

We can help you purchase, obtain, improve or refinance your real estate property. We can provide fixed financing or lines of credit for any of your real state projects.

Accounts Receivable Lending

Grundy Bank has partnered with ProfitStars® to bring you the BusinessManager program. This effective program allows the bank to assist you in managing and processing your accounts receivables and helps small businesses who struggle with cash flow growth.

Agricultural Loans

Since 1864 we have been active in agricultural lending and continue to serve local farmers reach the goals they have set for their operation. We can offer short, intermediate and long-term financing at variable rates with flexible terms. From lines of credit, equipment loans and farm real estate loans we can help you in this constantly changing agricultural economy.

Let one of our Commercial Lenders help you choose the type of loan that best meets the needs of you and your business!

QuickLinks

• Click here for a Personal Financial Statement and here for an additional Real Estate Schedule.
• Click here for an Agricultural Financial Statement.
• Click here for a Farm Projection Form.  
• Hear what some of our clients have to say about us!

Contact us today to find out how you can secure the right personal loan that fits your needs!

Commercial Lenders

 Commercial Lending Assistants

All loans are subject to credit approval.

When emailing Grundy Bank, the information you input is sent as an e-mail that is NOT SECURE. Do not send information through e-mail such as account numbers, social security numbers or passwords.

IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT

Effective May 11, 2018, new rules under the Bank Secrecy Act will require financial institutions to identify and verify business owners before a new account can be established. This new rule aids the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. 

EACH time an account is opened for a Legal Entity which includes a corporation, LLC, partnership or another entity created by filing of a public document with a Secretary of State or similar office, we are required to ask you for identifying information. Identification information includes name, address, date of birth, social security number and we will ask for the identification documents for each individual that has beneficial ownership (25% or more) and one individual that has significant managerial control of the Legal Entity.

If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.