Non-profit organizations may be eligible for financing. At Mifflinburg Bank & Trust we offer short and long term loan products and services. After carefully listening and understanding the needs of your organization, a loan officer will work with you and recommend solutions to your financial needs. Mifflinburg Bank & Trust is your bank for superior customer service.
- Business Line of Credit
- Single Payment Loan
- Business Installment Loan
- Adjustable Rate Mortgage (ARM)
For complete details Contact Us Now, call a Loan Officer at any of our office locations, or call toll free 1-888-966-MBTC (6282).
Business Line of Credit - Our Business Line of Credit is an open-ended loan used to meet short-term requirements of non-profit organizations.
- Interest only payments
- Monthly or quarterly billing of interest
- Overdraft protection for a deposit account is available at your request
- Up to 5 year term
- Can be secured or unsecured
Single Payment Business Loan - Our single payment business loans are interest only loans with principle due on or before maturity.
- Interest payments monthly or quarterly
- Single principle payment on or before maturity
- Monthly or quarterly direct charge of payments is available from a MBTC checking or savings account
- Can be secured or unsecured
Business Installment Loan- Our installment loans are shorter-term loans for purchasing office equipment, a bridge loan for secured government funding or many other reasons funds may be needed quickly for a brief time.
- Interest rate fixed for full term of loan
- Monthly or quarterly payments tailored to your cash flow
- Direct charge of payments is available from a MBTC checking or savings account
- Secured or unsecured loan available
Adjustable Rate Mortgage (ARM) - Our adjustable rate business mortgages are for long term financing of real estate and major capital purhases. Loan is secured by business real estate.
- Interest rate is protected from application to loan closing
- Loan terms to 25 years
- One application fee
- Loan amount up to 80% of the value of the business
- Payments tailored to your cash flow
- Direct charge of payments is available from a MBTC checking or savings account
- 3 year ARM - 3 year fixed rate with rate adjustment every 3 years thereafter
- 5 year ARM - 5 year fixed rate with rate adjustment every 5 years thereafter
- 7 year ARM - 7 year fixed rate with annual rate adjustment thereafter
- 10 year ARM - 10 year fixed rate with annual rate adjustment thereafter
For complete details Contact Us Now at any of our office locations, or call toll free 1-888-966-MBTC (6282).
