Lending

First Bank & Trust Company believes in your business. That is why we have a variety of business loans to meet the needs of organizations large and small.


Our lenders are local and experienced. They know you and your market and authority to act. Our lenders are your neighbors. We offer a wide array of commercial and industrial loan products designed specifically to meet your needs. Our lenders are supported by credit analysts and commercial loan support in each market. Your credit file is maintained locally to facilitate servicing your needs in a fast and professional manner.

Lines of Credit for accounts receivable and inventory financing, operating expenses, funding gaps, and emergency funding 

Installment or Term Loans for furniture, equipment, machinery, or permanent working capital to grow your business

Letters of Credit to provide bonding for performance or work completion of projects 

Features:

  • Secured and Unsecured lines and loans available
  • Flexible loan structures to meet the timing of your source of repayment
  • Revolving facilities that enable you to borrow and repay multiple times 
  • Competitive terms – fixed and variable rates available
  • Loans and lines of credit may be tied to FB&T commercial checking 
  • Zero balance sweep accounts available
  • Loans available from $5000 up to $20 million 

Benefits:

  • Save time and make money 
  • Stable loan officers with skills to handle your loan, deposit, and Treasury needs 
  • Gain a partner that wants to help your business grow
  • Each commercial customer is assigned a local team to support them
  • Fast turnaround- local loan authority and decision making
  • Local consultative advice from a lending team that cares about your business 


Why bank with a Big Bank when you can bank locally?

Click here to complete a Personal Financial Statement.

We have lenders that specialize in Commercial Real Estate loans in each of our markets. Our lenders are experienced in handling owner-occupied and investment commercial real estate acquisition, refinance, remodeling, and new construction. 

Owner- Occupied Commercial Real Estate Financing available for offices, warehouses, manufacturing, retail establishments, and non-profit community projects. 

Non-Owner- Investment Commercial Real Estate Financing available for offices, apartments, shopping centers, warehouses, manufacturing facilities, retail shops, churches, and other non-profit facilities. 

Commercial Real Estate Construction Funding available for both owner-occupied and non-owner occupied investment property customized to meet your needs. Your construction loan will be managed by your local loan officer with inspections and draws handled with “boots on the ground”. 

Features:

  • Flexible loan structures to meet the timing of your source of repayment
  • Competitive terms – fixed and variable rates available
  • Very low fees in relation to most lenders
  • Loans available from $5000 up to $20 million 

Benefits:

  • Save time and make money 
  • Stable loan officers with skills to handle your loan, deposit, and Treasury needs 
  • Gain a partner that wants to help your business grow
  • Each commercial customer is assigned a local team to support them
  • Fast turnaround- local loan authority and decision making
  • Local consultative advice from a lending team that cares about your business 


Click here to complete a Personal Financial Statement.

Flexible term financing for real estate and improvements, equipment, livestock and operating lines of credit. Repayment terms designed for your operation and full banking services for individuals, agricultural producers, and Agri-businesses

  • USDA Farm Service Agency (FSA) Preferred Lender
  • Active participant in the USDA Rural Development B&I Loan Program
  • Farmer Mac Originator


Our experienced lenders, management and Board of Directors are committed to the needs of the agribusiness industry with over 36 years of service. Our advisory board is comprised of industry leaders.

First Bank & Trust Company's Agricultural Division is nationally ranked. 

Click here to complete a Personal Financial Statement.

By working with a community bank, local tax dollars stay local. Short and long-term financing options are available. 
  • Tax anticipation notes
  • Revenue anticipation notes
  • Tax-free bonds
  • Refinancing of existing debt

We will explore your options and guide you through the financing in a simple, cost effective manner.

First Bank & Trust Company is one of the region’s most active participants in the USDA’s Business and Industry (B&I) Loan program. This program was designed to help create and maintain employment and improve the economic and environmental climate in rural communities. The program provides stability, growth, expansion and employment for businesses in rural communities. 

SBA guaranteed loans are made by private lenders and are guaranteed up to 85 percent depending on the SBA program the loan qualifies for. SBA financing provides varying programs to meet the needs of small business owners. This can include Short-term working capital needs, including seasonal financing, contract performance, construction financing and exporting; Revolving lines of credit based on the value of existing inventory and receivables; To purchase equipment, machinery, furniture, fixtures, supplies or materials; To purchase real estate, including land and buildings; To construct a new building or renovate an existing building; To establish a new business or assist in the acquisition, operation or expansion of an existing business; To refinance existing business debt, under certain conditions.

Features:

7(a) Guaranteed Loan Program

The SBA's primary business loan program is the 7(a) General Business Loan Guaranty Program. It's generally used for business start-ups and to meet various short- and long-term needs of existing businesses, such as equipment purchase, working capital, leasehold improvements, inventory, or real estate purchase. These loans are generally guaranteed up to $3.75 million. Maximum loan amount is $5 million. The guaranty rate is 85 percent on loans of $150,000 or less and 75 percent on loans more than $150,000.

The guidelines for SBA guaranteed loans are similar to those for standard bank loans. In addition, your company must qualify as a small business according to SBA standards, which vary from industry to industry.

504 Local Development Company Program

The 504 Loan Program provides long-term, fixed-rate financing to small businesses to acquire real estate, machinery, or equipment. The loans are administered by Certified Development Companies (CDCs) through commercial lending institutions. 504 loans are typically financed 50 percent by the bank, 40 percent by the CDC, and 10 percent by the business.

Benefits:

The SBA loan programs provide a mechanism for new and existing small business owners to obtain bank financing since the loans are guaranteed and help offset the risk of a private lender. The process is handled by highly skilled bankers familiar with the eligible programs and we will walk you through the steps to obtain this type of loan. The following web address provides the most recent Quick Reference Guide to SBA Loan Guarantee Programs. 

SBA Express: SBA Express features an accelerated turnaround time for SBA review; a response to an application will be given within 36 hours.

Learn More About SBA