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needs. The FSA provides loan guarantees for farm or ranch purchases or enlargements, construction and closing costs, soil and water conservation, ongoing operational expenses, and emergency loans. As with the SBA and Rural Development Loan programs, borrowers usually find it easier to navigate the program’s lending requirements when working with a lender who is highly experienced in both the program and the business’s geographical community. In conclusion, we see this current period as a highly attractive opportunity for many businesses that are ready to take the next step in their growth. Businesses have access to an unusual combination of several factors — including a growing economy, extraordinarily low interest rates, governmental support for key programs and an unusual assurance from the Fed that rates will remain low — to move their businesses forward. The key is to identify the loan program best suited to a business’s individual needs and, in many cases, to secure long-term committed funds. Kevin Tenpas is president of Wisconsin Bank & Trust (WB&T), and Ron Markham is market president at the bank’s Monroe location. WB&T is a Wisconsinchartered community bank with assets of more than $600 million serving customers statewide. The bank operates 10 branch office locations across Wisconsin, including in De Pere and Sheboygan. WB&T was formerly known as Heartland Business Bank and Wisconsin Community Bank. Wisconsin Bank & Trust, 1510 Mid Valley Dr., De Pere, WI 54115, (920) 983-5000, *In addition to these bank-administered programs, Advance, the economic development arm of the Green Bay Area Chamber of Commerce, administers the Advance Microloan program and the Brown County Revolving Loan Fund. Learn more about these offerings by calling Advance at 920.496.9010. Are you in the know? Make sure you’re in the loop. Sign up to receive any/all of the Chamber's FREE e-newsletters at BBJ January 13 | 23

BBJ January 2013

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