At Mifflinburg Bank & Trust we offer short and long term loan products and services for medical professionals. We have personalized service, flexible terms and competitive rates. Loans are approved quickly right here within our community. A Relationship Manager will meet with you at your health care facility and at your convenience. Mifflinburg Bank & Trust is your bank for superior customer service. We look forward to working with you.
- Business Line of Credit
- Single Payment Loan
- Installment Loan
- Mortgage/Fixed Rate
- Adjustable Rate Mortgage (ARM)
For complete details Contact Us Now, call a Customer Service Representative at any of our office locations, or call toll free 1-800-888-MBTC (6282).
Business Line of Credit - Our MBTC Business Line of Credit is an open-ended loan used to meet short-term requirements of medical professionals.
- Interest only payments
- Monthly or quarterly billing of interest
- Overdraft Protection for a deposit account is available at your request
- Up to 5 year term
- Can be secured or unsecured
Single Payment Business Loan - Our MBTC single payment business loans are interest only loans with principal due on or before maturity.
- Interest payments monthly or quarterly
- Single principal payment on or before maturity
- Direct charge of interest payments monthly or quarterly
- Unsecured
Installment Loan- Our MBTC business installment loans are shorter-term loans for purchasing medical equipment, software, office equipment or for many other purposes.
- Interest rate fixed for full term of loan
- Payment tailored to your cash flow
- Direct charge of payment available
- Secured or unsecured loan available
Business Mortgage - Fixed Rate - Our MBTC fixed rate business mortgages are long term financing for major capital purchases, refinancing or expanding your business. Loans are secured by business real estate and the interest rate is fixed for life of loan.
- Interest rate fixed for full term of loan
- Interest rate is protected from application to closing
- Loan terms up to 5 years
- One application fee
- Lends up to 80% of the value of the business
- Payments tailored to your cash flow
- Payments that are automatically deducted from MBTC checking account receive .25% interest deduction
- Bi-weekly payments on fixed rate mortgages
- Loans available with or without points
Adjustable Rate Mortgage (ARM) - Our MBTC adjustable rate business mortgages are for 3 and 10 year terms for long term financing of major capital purchases, refinancing or expanding your business. Loan is secured by business real estate.
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Interest rate is protected from application to closing
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Loan terms to 25 years
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One application fee
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Lend up to 80% of the value of the business
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Payments tailored to your cash flow
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Payments that are automatically deducted from a MBTC checking account receive .25 interest deduction
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3 year ARM - 3 year fixed rate with rate adjustment every 3 years thereafter
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5 year ARM - 5 year fixed rate with rate adjustment every 5 years thereafter
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10 year ARM - 10 year fixed rate with annual rate adjustment thereafter
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For complete details Contact Us Now, call a Customer Service Representative at any of our office locations, or call toll free 1-800-888-MBTC (6282).
