Business Loans

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.

• 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

• Purchase or refinance equipment
• Purchase or refinance vacant AG land
• Construct or improve out buildings

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.

Grand Valley Bank is a recognized leader in small business lending in our community.

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.

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.

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.

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.