Business Loans

Product Information

Business Loans

First National Bank of Giddings is committed to providing the best quality service to our commercial customers. We offer creative financing solutions to our business partners through Commercial Equipment Loans, Long and Short-Term Financing, as well as Small Business Loans.  Any bank can make “cookie-cutter” loans; however, our team of experienced lenders will work diligently to customize a loan product to fit your specific need.

To expedite your loan process, please bring the following documentation (where applicable) to your loan officer on your initial meeting:

  • Your Personal Financial Statement.
  • Personal Financial Statements from any owner of the business with ownership exceeding 20% of the business.
  • Gross sales information, specifically:
    • If it is an existing business, three (3) years of income/expense history and tax returns.
    • If it is a new business, one (1) year of projections.
    • Owner compensation amounts – existing or proposed owner salary structure.
  • Total capital insertion by the owners and source of those funds.
  • Copy of earnest money contract on existing business.
  • Copy of any existing or proposed leases.
  • Itemization of the specific purpose for the loan funds, including a copy of the proposed budget.