We offer terms up to 25 years with financing options, including variable rates and fixed plans. In addition, we can also offer interim/bridge financing as an option to provide short-term variable-rate financing, leading to longer term fixed-rate financing.
When wanting to get a business loan it is important to prepare 2-3 years of personal/business tax returns, associated K-1s and a recent personal financial statement. Additional documentation may be required depending on the type of loan/business. Your lender will walk you through the process.
It is possible with the right credit score, financing equipment or other forms of collateral. If you have questions on whether or not you qualify, how much money the down payment on your loan would be or if you need a down payment, we would love to meet with you to talk further about your business and how we can make it as successful as possible.
Typically, anywhere from 640 and above is what you will need for a business loan. Luckily, we can help you find solutions. We don’t define you by your credit score. We take a look at your history and see what we can offer your business. If we can’t offer you a business loan, we can sit down and figure out other solutions that can help your business thrive.
WE DO MORE THAN LENDING.
Products offered by Midwest Heritage Insurance Services are not insured by the FDIC or any other Federal Government Agency, are not a deposit or obligation of, or guaranteed by Midwest Heritage, may involve investment risks, including possible loss of principal amount invested, and may lose value.
Online & mobile banking services are currently unavailable as we transition to our new experience. Check our FAQ page for additional resources. The new experience will be live on November 16.
During the transition, online & mobile banking services will be temporarily unavailable from November 13-15. The new experience will be live on November 16.