Loans & Lines Of Credit
Scott County State Bank has a wide selection of financing to fit your needs, from seasonal cash flow demands to long-term expansions. We have a specialized staff of local professionals who take time to understand your business.
Typically used to purchase equipment, inventory and other long-term expansions. Fixed and adjustable rates are available.
Term loans also include commercial real estate loans, which are used specifically to refinance or purchase existing commercial property. Examples include office buildings, apartments, retail centers and residential development.
Relatively short-term credits used for building residential or commercial development. Ideal for buying land; paying architects and contractors for their services; purchasing materials for construction and so forth.
Revolving Lines of Credit
Designed for meeting short-term cash flow needs such as operating expenses, working capital and seasonal purchases. Borrow as much as you need up to fixed amount.
Non-Revolving Lines of Credit
Often used specifically for builders who need to borrow in varying amounts.