Business Banking - Loans
Almost all businesses require some sort of financing at one time or another and for a variety of reasons. At Lake City Bank, we offer loans for almost every situation and business, including agribusiness. Beyond competitive rates and terms, we offer a loan specialist assigned to understanding your business and providing the exceptional service your company deserves.
Start the financing process right now. Complete our simple online Business Inquiry Form and one of our experienced lenders will be in contact with you.
Lines of Credit
To provide you with short-term working capital, Lake City Bank can structure flexible revolving lines of credit. Uses include meeting seasonal sales fluctuations, taking advantage of discounts and covering shortfalls in cash flow. Lines are either secured or unsecured and customized for your specific business's needs.
If you are in need of longer-term capital, a term loan may be structured to match your cash flow with the life of the asset. Uses include acquiring new fixed assets such as equipment, purchasing a new business or funding permanent working capital as a result of increased sales.
Real Estate and Construction Loans
If you are looking to expand, refinance or acquire new property, Lake City Bank offers both interim construction loans and permanent mortgage financing. Industrial, commercial office, retail and certain special use real estate are our specialty.
Providing financial services to farmers and agribusinesses has always been an important commitment of Lake City Bank. We can provide you with operating lines of credit, term loans for equipment purchases and real estate loans for purchasing acreage, construction of buildings or grain handling systems. Our agriculture loan professionals can customize our loan products to meet your individual needs.
Floor Plan Loans
Whether you sell boats or cars, equipment or recreational vehicles, Lake City Bank can provide a floor plan to fund your inventory.
Letters of Credit
Lake City Bank can provide standby letters of credit and assist with import letters of credit.
Special Guaranty and Government Programs
We can evaluate financing for your company through a number of federal, state, county and city government loans programs. These programs often offer attractive rates, longer repayment terms and low down payments. We will be pleased to explore what programs may meet your specific needs.