We offer a variety of business loans to meet your cash flow needs. Whether you are looking for an operating line of credit, a term loan, or commercial mortgage we are here to help. At the First National Bank of Cokato we offer the following commercial loan programs:

Lines of Credit (*)

  • Designed for borrowing needs of less than 1-year
  • Finance seasonal cash flow needs or working capital for receivable collection
  • Flexible arrangements for short-term needs
  • Gap financing while arranging a different loan
  • Pre-determined maximum amount which allows you to borrow as needed
  • Pay interest only on the amount of credit you have outstanding
  • Easy access to funds - you can make advances in person, by phone, or in writing
  • Reserve Checking - a simpler line of credit linked to your business checking account

Term Loans (*)

  • Designed for intermediate term borrowing needs of 1-10 years
  • Repayment based on your company's cash flow - payments can be set for monthly, quarterly, or annually
  • Used to finance permanent assets such as equipment, machinery, and furniture and fixtures

Commercial Mortgages (*)

  • Expand or remodel existing facilities
  • Purchase of new property or business
  • Investment Property
  • Construction financing - short-term financing to complete a project and you pay only interest during the construction phase

Applying for a loan is fast and easy.
  • Stop by during normal business hours

If you have any questions you can contact us via email at staff@fnbcokato.com or call us at (320) 286-2191. As always, we'd be glad to do business with you.

(*) Other terms and conditions apply. All accounts require approved credit. Contact us for further details.


©2010 First National Bank of Cokato. All rights reserved. Powered by ProfitStars.

First National Bank of Cokato
Home | Privacy Policy | Terms of Use | USA Patriot Act Information
History | Community Links | Personal Banking | Business Banking | Online Banking
Loans & Mortgages | Online Loan Applications | Contact Us/Hours

Equal Housing Lender
NOTICE: First National Bank of Cokato is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. The portal and news features are being provided by an outside source - The bank is not responsible for the content. Please contact us with any concerns or comments.