Business Loans

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!

To begin the loan process, we'll need some information from you, depending on the stage of 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

Our Ag and Commercial Banking Team

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Marc Younge

Executive Vice President Ag/Business Banking
Clear Lake


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Pat Goedken

Senior Vice President 
Ag/Business Banking
Clear Lake


Amanda Golden
Amanda Golden

Senior Vice President 
Business Banking
Mason City


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Mike Bahnsen

Vice President 
Business Development
Mason City


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Natalie Plagge

Vice President
Business Banking
Clear Lake


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Rachel Maletta

Assistant Vice President
Business Banking
Clear Lake/West Des Moines


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Mike Bloomingdale

Assistant Vice President
Business Banking
Mason City



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Joni Pepper

Commercial &
Ag Lending Officer
Ag/Business Banking
Garner


Ryan Fishel

Business Banking Officer / Commercial Lender
Clear Lake

 

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Ashley Upmeyer

Business Banking Officer
Clear Lake

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Joan Hanson

Assistant Vice President
Ag/Business Banking
Clear Lake

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Chei Hanig

Credit Analyst 
Business Banking
Mason City

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Lora Jans

Loan Assistant 
Business Banking
Clear Lake

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Ryan Van Ostrand

Business Banking Officer / Credit Analyst
Business Banking
Clear Lake





































































































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"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.