
Our lenders can help with a variety of business loans:
Working Capital Financing
Short-term loans to support growth within a company
- Line of credit to support accounts receivable and inventory
- Seasonal line of credit to support a temporary spike in working capital needs
- Line of credit to support a specific contract
Letters of Credit
To support our customers' trade activities
Term Loans
Financing for equipment and real estate purchases
- Machinery and equipment
- Rolling stock and vehicles
- Capital assets
- Commercial real estate acquisition
- Construction loans
- Expansion loans
Business Loans and Business Banking Solutions
At Clear Lake Bank & Trust, we offer business loans and business banking solutions designed to help your company succeed. Whether you need small business checking accounts for easy financial management or corporate banking services for cash flow management and specialized lending, our team is here to support your growth.
Serving Clear Lake, Mason City, and Garner, IA, we provide customized financing solutions to empower businesses of all sizes. Contact us today to explore the right financial options for your business!
Existing Businesses
- Last three years of fiscal year-end balance sheets and income statements
- Most recent interim balance sheet and income statement
- Signed personal financial statement(s) of the business owner(s)
- Last three years of federal tax returns on the business
Business Acquisition
- All financial information from above
- Projections for at least one year including cash flow, balance sheet, income statement
- Copy of executed purchase agreement
Start-Up Businesses
- All financial information from above
- Consider these helpful resources:
Our Ag and Commercial Banking Team


Ashley Upmeyer
Business Banking Officer
Clear Lake
Clear Lake

Joan Hanson
Assistant Vice President
Ag/Business Banking
Clear Lake
Ag/Business Banking
Clear Lake

Chei Hanig
Credit Analyst
Business Banking
Mason City
Business Banking
Mason City

Lora Jans
Loan Assistant
Business Banking
Clear Lake
Business Banking
Clear Lake

Ryan Van Ostrand
Business Banking Officer / Credit Analyst
Business Banking
Clear Lake
Business Banking
Clear Lake
"Ollenburg Motors has been doing business with Clear Lake Bank and Trust since July of 1993. During these 30 years I have been able to rely on their knowledge and experience to navigate through a variety of economic environments. CLB&T has truly partnered with our family-owned business and takes an active role in supporting our success. Having a bank that understands your business and looks for ways to help is just one reason I continue to choose CLB&T!"
- Dan O.