For Your Next Stage of Growth
Whether you are looking to grow your team, open a new location, or simply reduce debt, Great Plains Bank has the solution for your small business's next stage of growth!
SBA Loans
The SBA helps small businesses get SBA loans by guaranteeing them up to a certain percentage. SBA loans can be used for many purposes — including launching or expanding a business, purchasing inventory or equipment, or consolidating high-interest debt. Unlike conventional term loans, an SBA Loan offers business owners the opportunity to take advantage of favorable terms as part of the SBA program while removing some of the barriers to traditional financing options.
SBA 7(A) Loan Program
Can be used for a variety of purposes including the acquisition of a business, the purchase of real estate or equipment, and working capital to help manage cash flow and business expansion.
- Term loan amounts up to $5 million are available.
- Allows more flexible loan terms, with longer maturities and less money down.
SBA 504 Loan Program
Can be used for the purchase of real estate, construction, equipment acquisition, and refinancing debt.
- Maximum loan amount varies by project but can be up to $12.5 million.
- Extended terms are available.
- Save money with competitive long-term interest rates.
- Borrow up to 90% of the project cost or collateral value.
Why do Companies Partner with Us?
Great Plains Bank was founded in 1996, as a successor to the original charter of The Groves National Bank, established in 1907. Deeply rooted in Great Plains Bank’s history is a culture committed to providing personalized, relationship banking to its clients and communities. Great Plains Bank provides a broad array of commercial and consumer financial products and services, including mortgage, investment, and wealth management services, to small businesses, agricultural enterprises, individuals, and retail clients, and currently operates 23 banking centers located in Oklahoma and Texas.
Working Capital
Put your operation on an all-cash basis and fund outstanding invoices in as little as 24 hours.
How it works
BusinessManager® is an accounts receivable solution that is ideal for organizations that are experiencing high growth and is suited for businesses in nearly any industry, including transportation, manufacturing, construction, IT, and the oil and natural gas industry. We can help alleviate the stress of managing cash flow during high-growth phases by funding your outstanding invoices in as little as 24 hours.
We can help you:
- Make payroll.
- Buy new equipment.
- Hire more employees.
- Take on larger clients.
- Take advantage of supplier discounts.
- Reduce debt.
- Operate with confidence.
Great Plains Bank has helped nearly 150 clients and funded over 1.6 billion dollars in accounts receivable financing to help businesses with their working capital needs. Is BusinessManager® right for you? Contact us to learn more.
Not an offer to extend credit. All loans are subject to credit approval. SBA fees may apply. These fees, which vary based on the type and term of the loan, may be financed. Restrictions and limitations apply. SBA loans are subject to SBA eligibility.