Archive: Business

Four Ways a Commercial Card Program Can Help Modernize Your Business

In the last few years, though many organizations rushed to digitize, others stuck with legacy processes for their payments because of the perceived time, energy and IT resources required to change. However, implementing the right commercial card program can be easy and the benefits of modernization far outweigh any perceived 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 is important for all businesses! If you appreciate the value of receiving your cash at the time of service, rather than waiting on your customers to pay you, then an more

We Have Farmers in Mind

Whether you need a loan for this year's crop or need help managing farm property, we have an experienced team of ag professionals you can turn to. Ag Business Managing, buying/selling, or valuing farms to optimize the benefits of farmland is a specialized and complex business. Our team of Ag Business professionals more

Ag Lending with Farmers in Mind

How often do you think about the food on the table? Not just how tasty it is, but the work that truly goes into producing your favorite meal. Spoiler alert! It takes the hard work and dedication of a team of people ranging from the tireless farmer to the expert more

Let’s Talk Treasury Management

Understanding the best possible treasury management programs and services for you and your business starts with a consultation with experts in the field. Keri McPherson, Treasury Management Relationship Manager, breaks down the ins and outs of treasury management at First Mid Bank & Trust. What is treasury management?Keri explains, “Treasury Management more

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 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, 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 more