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Bank of Old Monroe has offered equipment and machinery financing since 1906 to manufacturers, distributors, and contractors across Missouri. We work with a wide array of industries and have a thorough understanding of market behaviors, asset values, and asset growth strategies. Our knowledge of the industry enables us to provide competitive loan terms and rates.

Let us tailor a solution for you based on your individual business needs. Contact us today!

 

Tractor

Business Equipment Financing

An equipment loan is ideal for businesses that need to upgrade existing equipment or purchase new/used equipment to help their business grow. This can be costly and require a large upfront expense and additional working capital.

Equipment financing from the Bank of Old Monroe allows you to take the cost of the equipment and spread it out in equal payments so you can use your hard-earned cash in other areas of your business.

Let Bank of Old Monroe help you finance the equipment your business needs to thrive! Equipment loans are used to purchase business-related equipment such as construction, farm, industrial vehicles, and other general-purpose machines. Growing your business with an equipment loan can assist with various business expenses.

Length of equipment loan varies on type of collateral and size of loan. Contact our team to learn more.

Contact Our Equipment Loan Team

Our team works with you to design the best equipment financing solution based on your business needs, as well as your accounting, tax, and financial objectives. To determine rate, down payment, and length of loan please call or visit one of the loan specialists at Bank of Old Monroe.

Matthew Bals
Moscow Mills

636-356-4000

Email

Matt Daniels
Wentzville/Old Monroe

636-332-4906

Email

Matt Arnold
Troy

636-528-7400

Email

Dave Vandeven
O’Fallon/Old Monroe

636-980-3585

Email

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Contact Bank of Old Monroe

Your business can’t move forward if you don’t have the right equipment in place! Bank of Old Monroe is committed to helping our customers capitalize on their opportunities. To apply for an equipment loan, visit one of our five branch locations in Old Monroe, Moscow Mills, Wentzville, O’Fallon, or Troy.

Required documents may be dependent upon the business structure (i.e. LLC, corporation, partnership, etc.). Please contact your branch location for details.

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We Offer Mobile Banking

Manage your finances on the go with the Bank of Old Monroe app! Our app allows you to view transactions, transfer funds, pay bills, deposit checks and more! To discover all the ways our app can benefit you, visit your app store and search “Bank of Old Monroe” to download.

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