Commercial LOC

Commercial LOC - Minnesota Business BankingSuccessful day to day operations require an uninterrupted supply of capital.  That’s where Sterling State Bank fits into your financial picture. Lines of credit are typically paid back from the business’s cash flow.  We offer revolving and non-revolving lines of credit.

  • Revolving: Lets the business borrow, repay and borrow again up to the maximum amount committed through the term of the loan.
  • Non-Revolving: The business can borrow in a single advance or can be disbursed over the term of the loan.  With each repayment, credit availability is reduced by that amount.

Benefits:

  • Local decision making  
  • Knowledgeable lenders
  • Fast processing
  • Flexible guidelines
  • Lower fees
  • Quick credit decisions
  • Convenient locations
  • Monthly or quarterly billing (interest only accrues on outstanding balances)

Call or visit us today at one of our convenient locations.  We will answer all your questions and help you open up an account that is perfect for you!

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Locations
Sterling State Bank has 10 locations to serve you. Choose from the list below to find out more about each location.