Business Lending

Deciding on a lending partner is an important decision and Owen County State Bank wants to be your choice. Whether its a personal loan, home loan, or business line we strive to provide quick and easy choices for your loan needs. We want to help you achieve your personal, family and business dreams.

Business loans, both secured and unsecured loans with qualified financials, include: operating loans, building remodel and expansion, purchase and inventory.

Lines of Credit

Lines of credit and working capital loans can make cash available for your businesses' short-term and seasonal needs. Refinance existing debt, purchase new equipment/inventory, or property improvements are all good reasons to see an OCSB loan officer for your business future.

Real Estate Loans

We offer several types of mortgage backed loans for business purposes including 1st mortgages on the business property or other acceptable real estate and 2nd mortgage positions behind our 1st mortgage or another lender's loan. Mortgage loans for business generally assist in providing longer term financing or add additional collateral value to equipment inventory financing. See our mortgage section for more information. Be sure to call on one of our loan officers to match the best loan terms to your business needs.
 

Fair Lending in our Community

It is our position to comply with the intent of all applicable consumer and fair lending laws. Our policies and procedures reflect this bank's commitment to serving our entire trade area of Owen County and bordering portions of surrounding counties in a fair and equitable manner. The bank's lending resources will be allocated in a process consistent with prevailing or anticipated economic conditions in accordance with sound asset management practices. No individual will be denied the services of Owen County State Bank due to discrimination because of race, color, religion, sex, marital status, or age. Employees are instructed to treat all persons fairly and not to discourage any from applying for credit. Owen County State Bank will accept and consider all signed and submitted applications for credit and will grant such credit based on safe and sound banking principles.

Lenders

Spencer
Home Office



Office: (812) 829-4811

Bloomington
Kings Crossing Branch



Office: (812) 935-4816
Cell: (812) 360-0508



Office: (812) 935-5631

Senior Vice President
Lending


Jerry Hays
Office:  (812) 829-4811
Cell:  (812) 327-5626

 

©2013 Owen County State Bank. Member FDIC. Equal Housing Lender.