Lines of Credit
This convenient and affordable financing solution is a revolving line of credit. Funds are available for you to borrow, pay back and borrow again and can be used for your short term financing needs, such as inventory, asset conversion and operating expenses. Automatic transfers between your line of credit and MNB checking account can also be set-up.
Term Loans
A loan with an amortization schedule for the purchase of equipment, to replenish depleted working capital, refinance present debt, or to finance the modernization or expansion of your existing physical business location. Terms vary depending on the assets being financed.
Real Estate Loans
Utilized to purchase, construct or refinance real estate with a commercial or business purpose. These loans are secured by real estate, including investment properties.
Letters of Credit
A credit accommodation by which a third party is reimbursed, at the request of and in accordance with the customer’s instructions, upon that third party’s compliance with the terms and conditions specified.
Business VISA
A convenient way to make business purchases and track expenses. You and your designated employees can make business purchases at over 21 million merchants worldwide. Expenses can be tracked with your choice of either consolidated or separate billing and monthly expense reports.
