Business Lending Services

Citizens State Bank of Loyal provides a variety of Commercial Loans for businesses.  We handle a wide range of business financing from smaller operating loans to larger commercial real estate  projects.  Loans can be acquired through Citizens State Bank of Loyal or we can assist businesses to secure financing through Government Programs such as the Small Business Administration (SBA) or Wisconsin Housing and Economic Development Authority (WHEDA).  In addition, we work with Wisconsin Business Development to get the right package together for you and your business.

CSB Commercial Loans

Citizens State Bank of Loyal provides the following types of Business Loans:

  • Working Capital Loans
  • Equipment Loans
  • Real Estate Loans
  • Revolving Lines of Credit

Repayment terms are dependant on purpose of the loan and useful life of the property being purchased.  We will work closely with you to learn your business and to develop the best financing package that is suited for your specific purpose.

SBA Loans

The Small Business Administration (SBA) offers numerous loan programs to assist small businesses.  The SBA is primarily a guarantor of loans made by private institutions such as Citizens State Bank of Loyal.  The SBA program used at Citizens State Bank of Loyal is the Basic 7 (a) Loan Guaranty.  This particular loan program helps qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels.  It is also the agency’s most flexible business loan program, since financing under this program can be used for a variety of general business purposes.  Loan proceeds can be used for most sound business purposes including working capital, machinery, equipment, furniture and fixtures, land and buildings (including purchase, renovation and new construction), leasehold improvements, and debt refinancing (under special conditions).  Loan maturity is up to 10 years for working capital and generally up to 25 years for fixed assets.  This loan program is for start-up and existing small businesses and is delivered through commerical lending institutions.

For more information on SBA programs, call us or visit their website at



Small Business Financing Products

Neighborhood Business Revitalization Guarantee (NBRG)

Helps experienced developers or existing business owners in urban locations obtain financing on favorable terms to stimulate economic development in urban neighborhoods.  This new program helps to bring or expand business, or develop or rehabilitate commercial real estate in an urban area.

WHEDA Small Business Guarantee (WSBG)

Helps borrowers obtain financing on favorable terms to start-up, acquire or expand a small business.

Linked Deposit Loan (LiDL) Subsidy

Provides an interest rate subsidy on lender financing to women or minorities to start-up or expand a business.

Agribusiness Guarantee

Helps new or existing businesses obtain financing on favorable terms to develop or expand production of products using Wisconsin’s raw agricultural commodities.

WHEDA business guarantees are originated through participating lenders.

For more information on WHEDA programs, call us or visit their website at