Running a business is not easy, but banking at Hills Bank is. Our goal is to provide hassle-free banking while taking a sincere interest in helping you, your family, and your business be successful. Our team of business lending experts has the knowledge and experience to find the right loan options for your business needs. A banker will follow-up with you to discuss your business goals after you inquire online about a business loan.
As a local community bank, Hills Bank will provide:
- Local decision making
- Competitive rates
- Convenient hours
- No application fees
- Quick approval time
Quickly access capital
From startups and business acquisitions to equipment and operating loans, we have the loan solutions for your business.
If you have an ongoing need for capital, consider a Hills Bank business line of credit. With it, you can:
- Purchase additional inventory
- Finance company growth
- Cover unexpected expenses
- Meet seasonal, fluctuating cash needs
Professional solutions
- Customized banking products designed to make a difference to the professional community
- Deposit solutions are provided through cash management products
- Money management needs
- Competitive financing solutions
- Asset protection solutions for retirement, wealth management, and insurance
Before signing off on a loan with any financial institution, be sure to consult with your accountants, attorneys, and insurance agent as applicable.
Commercial Construction and Real Estate Development
Our Specialized Construction Loan Department has experience in 1-4 Family (built-spec and presold), Multi-Family, Commercial and Real Estate Development loans.
Agriculture Financing
Whether you are looking to purchase the farm from your grandparents or you need to replace your old tractor, together we can find a hassle-free solution for your farm to succeed.
Business Credit Cards
Easy access to your funds or credit whenever your business needs them. Free personalization, easy access, and more.
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Appointment Preparation
Accelerate your application by having these items prepared when you contact us.
Existing Business
- Last 3 years of fiscal year-end balance sheets
- Last 3 years of income statements
- Interim balance sheets and income statements
- Signed personal financial statement
- Last 2 years of federal tax returns on the business and individuals
Business Acquisition
- Last 3 years of fiscal year-end balance sheets
- Last 3 years of income statements
- Interim balance sheets and income statements
- Signed personal financial statement
- Last 2 years of federal tax returns on the business and individuals
- Signed purchase agreement
- Projections for at least one year – cash flow, balance sheet, and income statement
Start-up Business
- Detailed business plan
- Signed personal financial statement
- Last 2 years of federal tax returns on individual
- Projections for at least two years – cash flow, balance sheet, and income statement
All Requests
- If a corporation – articles of incorporation
- If a partnership – partnership agreement
- If a LLC – articles of organization
- Use of proceeds
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Resources
Resources
- Small Business Administration
- Hills Bank has been designated a Preferred Lender by the SBA, meaning we can offer loans backed by this federal agency without a lengthy application process
- Click here to visit the SBA’s Events page to learn about upcoming educational opportunities
- Hills Bank has been designated a Preferred Lender by the SBA, meaning we can offer loans backed by this federal agency without a lengthy application process
- Linked Investments for Tomorrow (LIFT)
- Hills Bank is a registered lender for Linked Investments for Tomorrow (LIFT). The LIFT program, funded through the Iowa State Treasurer, provides financial resources to Iowa’s small businesses by offering low-interest loans
- Small Business Development Center (SBDC)
- Iowa Economic Development Authority (IEDA)
- Service Corps of Retired Executives (SCORE)
- Farm Service Agency
- Small Business Administration