Business Banking

Business Loans

Business Loans
It may be more difficult than ever to find a bank with the resources and expertise to lend to small businesses, but it's never been easier at Missouri Bank. We take the time to get to know you, to ask questions and really understand your business. You won't wait weeks on end for the answers.

We understand the importance of timely information and quick turnaround – here, you get both, along with a variety of business loan options, individualized to fit your unique needs.

Lines of Credit
Consider this cost-effective approach for filling gaps in your cash flow. Perfect for seasonal changes in inventory and receivables, unexpected cash needs, or for taking advantage of vendor discounts. Lines of credit are typically repaid from your business' operating cash flow (i.e., with the collection of receivables).

  • Secured by receivables and inventory
  • Revolving balance – multiple advances and repayments
  • Flexible principal repayment schedule
  • Balance paid to zero sometime during your business cycle
  • Monthly interest payments on outstanding balance
  • One-year commitment

Apply for a mobank Line of Credit

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Term Loans
Also called installment loans, term loans are commonly used for long-term capital requirements such as machinery, office equipment or vehicles. Other uses include financing a change in ownership or new business acquisitions.

  • Secured by the assets being purchased
  • Equal monthly payments
  • One- to five-year amortization period
  • Fixed interest rates available

Apply for a Term Loan

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Commercial Real Estate Loans
At mobank, we can help finance the construction, purchase or refinancing of owner-occupied properties. We also work closely with local Heartland Business Capital to offer SBA 504 Loans

Construction loans allow you to pay for construction as it happens, borrowing only what you need, when you need it. Simply submit periodic draw requests for specific work that has been completed. Upon inspection, mobank advances on the draw requests to pay your contractors.

  • Use for real estate construction or renovation
  • Interest-only payments during construction reduce debt service requirements
  • Floating interest rate

Apply for a Construction Loan
Download a Construction Draw Request

Real estate term loans can be used for the purchase or refinance of real estate. A conventional real estate loan will provide financing up to 80 percent of the market value of the property.

  • Maturity of three to five years
  • Equal monthly payments
  • Amortization of up to 20 years
  • Fixed interest rates available

Apply for a Real Estate Term Loan

The SBA's 504 loan program funds small businesses making fixed-asset investments from $120,000 up to several million dollars to create or retain jobs. Mobank works closely with local economic development corporations to offer SBA 504 loans to qualified borrowers. The program provides long-term financing at a fixed interest rate with a low down payment, typically 10 percent. Loans can be used for fixed assets, including:

  • Land acquisition/construction
  • Purchase/remodeling of an existing building
  • Purchase/repair of machinery and equipment

SBA 504 loans for real estate are structured as follows:

  • Bank provides 50 percent of the financing for at least 10 years, amortized up to 20 years, at market interest rate
  • SBA provides 40 percent of financing for a 10- or 20-year term, and amortization with a fixed interest rate determined at the time of funding
  • Borrower contributes the remaining 10 percent
  • Bank has a first collateral position followed by the SBA

Apply for an SBA 504 Loan

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Apply for a Loan
We'd like this process to be as simple as possible. Your first step is to call us at 816-881-8200 and ask to speak to one of our loan officers. We'll arrange a time to talk that is convenient for you. We don't believe in nameless transactions. From day one, your relationship with us will be characterized by personal attention and one-on-one relationships.

We will need the following information to consider your business loan request. You may want to review this prior to our meeting.

One Page Application: Complete all sections and sign the one-page mobank business loan application.

Download the business loan application

Acrobat Reader is required to view and print this application. If you do not have Acrobat Reader, it's FREE to download. Get Acrobat Reader.

Company Financial Information: Provide a copy of your company's Federal tax return, including all schedules, along with your company's year-end financial statements, which should include a balance sheet and income statement, for the last three fiscal years. If more than three months have passed since the last fiscal year-end of your business, please provide an interim financial statement.

Personal Financial Information: All partners and owners of 20 percent or more of the company will be asked to guarantee the loan. Accordingly, each owner needs to complete and sign a Missouri Bank personal financial statement form and provide complete copies of the last year's personal federal tax returns.

Download a mobank personal financial statement form

Acrobat Reader is required to view and print this application. If you do not have Acrobat Reader, it's FREE to download. Get Acrobat Reader.

Business Plan: If you plan to purchase an existing business or begin a new one, you will need a business plan. A business plan helps organize all your ideas and expectations into a concrete, logical road map for success. A good business plan should include monthly projections of income, expenses and cash flow for two years, an opening-day balance sheet and resumes of owner(s) and key employees. There are many resources for preparing a business plan including Small Business Development Resource Centers and the Small Business Administration. You might also visit your local library, search the Internet or purchase one of the varieties of software packages designed to help you create a business plan.

We support the markets and communities within our geographic regions and reserve the right to limit the geographic area in which loans will be made. Our primary market is the Greater Kansas City Metropolitan Area.

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