Archive: Business

Sweetening the Commercial Lending Process

Your dream flower shop, that unexpected expense to replace old machinery, or a much-needed expansion for your thriving accounting firm. No matter the business or the reason, you need access to hassle-free lending options. The loan pre-approval, negotiation, and final approval process can be tricky to navigate, so let’s discuss ...read more

Public Financing through First Mid

Getting a loan for a new car is a pretty straight-forward process. But what if you’re with a unit of local government that needs to finance a fire truck or other equipment? That’s a specialized form of commercial lending, and it’s not always simple. Public entities obtain financing via unique methods, ...read more

A Solution to Cash Flow for Your Business

Managing a business in today’s environment isn’t easy, and growing a business can be even more challenging. Having cash flow helps make it possible. If you recognize the value of having your customers pay in cash at the time of service, then an Accounts Receivable Line of Credit and having ...read more

SBA Loans

Helping people achieve their dreams. What are you passionate about? Pizza? Flowers? Pets? First Mid Bank & Trust Decatur Community President, John West, is passionate about Small Business Administration loans and because of SBA lending he has been able to help people achieve their dreams of owning businesses. “First Mid’s goal is to ...read more