Special Situation Loans

We lend our own money so we can make loans others cannot. We have a variety of loans to strengthen buyer offers and provide solutions in rising interest rate environments.

Life Can Be Unpredictable

Whether that means you’re acquiring a company, experiencing a merger, or entering into an under-served industry;
Citizens State Bank is here for you.

OWNERSHIP TRANSITION

Full or limited guarantee from the operating entity necessary

Business Acquisition

Small and large loan amounts available
Revolving loan terms
Quick access time to funds

MergeR Integration

Wide variety of loans
Number of plans with low rates and high loan to value (LTV) ratios

Permanent Working Capital

We provide working capital for business funding
Flexible terms
No credit minimum

Unique Industries

No credit minimum
No minimum time in business requirement

Secured Mezzanine

Several options for repayment
“Payment in kind” available

Turnaround Bridge Funding

Loans are available to individuals, trusts, corporations, and limited partnership
Single-family, condos, townhomes, multi-family 2-4 units, 1st Trust Deeds up to 80% Loan to Value

Our Lending Team

Royal Oak

Tom Klar

Mortage Lending Officer
tklar@micsb.com
NMLS# 1032198

Hyassant Najor

VP, Business Development Officer
hnajor@micsb.com
NMLS# 1625007

Ontonagon

Ann Lantz

EVP, Market President
alantz@micsb.com
NMLS# 1577167

Try Our Loan Comparison Tools

Loan Comparison Tools

Request For Call Back

Are you interested in opening a checking account with us? Or maybe you are ready to get the home from your dreams? We are always happy to hear from you. Fill in the form and we will get back to you as soon as possible.

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The CSB Difference

Outstanding Service

We thrive by building personal relationships with our clients, we will always put you first.

FDIC Insured

Deposits are FDIC-insured up to the maximum allowed by law, $250,000 per depositor, per bank, per category. Additional bank services are available to maximize your FDIC Insurance coverage. Ask us how!