Business Loans

At First National Bank of Northfield, we understand that businesses need access to additional funds for a variety of purposes. We can design a program specifically suited to meet the needs of your company, and pride ourselves on our ability to offer personalized support and make timely decisions. Call us or stop in to talk with one of our commercial lenders. We would love to work with you.

Meet Our Commercial Loan Officers

Personal Financial Statement »

Short-Term and Long-Term Financing

  • Purchase (or refinance) of new or used equipment
  • Purchase inventory
  • Working capital and business operations
  • Accounts receivable financing
  • Purchase of commercial property
  • Business expansion
  • New or used business vehicles
  • Seasonal loans

Lines of Credit

Revolving and closed-end lines of credit are available for:

  • Working capital needs
  • Business operating needs
  • Accounts receivable financing

Small Business Administration (SBA) Loans

First National offers SBA 7(a), Express and 504 loans to assist small- and medium-sized businesses in equipment purchases, real estate acquisition, working capital and a variety of other needs. Learn more.

Agricultural Loans

First National Bank of Northfield offers agricultural loans to help cover operational costs, machinery and equipment purchases, farm buildings and real estate investments, livestock purchases and more. In addition, we also offer Farm Service Agency guaranteed loans. Learn more.

USDA-FSA Farm Loans

The United States Department of Agriculture’s Farm Service Agency provides low-interest credit for farming needs. As an approved local lender, First National can help eligible farmers obtain loans for farm purchase or improvements, operations or recovery from financial setback. Learn more.

USDA Business and Industry Guaranteed Loans

First National Bank of Northfield is an eligible lender for the USDA Business and Industry Guaranteed Loan Program. The purpose of this program is to provide funding that will improve, develop, or finance business, industry and employment, and improve the economic and environmental climate in rural communities. Learn more.