Commercial Equity Line of Credit Farmers State Bank

When your business needs flexible capital for improvements, equipment, expansion, or working capital, a Commercial Equity Line of Credit (CELOC) from Farmers State Bank in Colorado gives you a reliable way to access funds as you need them.

Built similarly to a residential HELOC but designed for commercial use, our CELOC offers a five-year revolving line of credit secured by commercial real estate, competitive fixed rates, and a straightforward repayment structure.

Whether you’re growing an operation in Eastern Colorado, expanding across the Front Range, or upgrading facilities for long-term success in Southern Colorado, our local lenders are here to help you move forward with confidence.

What Is a Commercial Equity Line of Credit?

A Commercial Equity Line of Credit (CELOC) allows business owners to borrow against the equity in their commercial property. Unlike a traditional loan, you don’t receive one lump sum. Instead, you draw funds only when you need them and repay interest only on what you use. Using the equity in your commercial property allows you to secure a line of credit for 5 years without the need to renew it annually.

It’s the ideal solution for business owners who want ongoing access to capital without refinancing or re-applying each time a need arises.

Benefits of a CELOC with Farmers State Bank

With FSB, you get flexible capital supported by real people, real relationships, and real decision-makers right here in Colorado.

A CELOC from Farmers State Bank offers:

Competitive interest rates
Five-year revolving access to funds
Fixed interest rate with interest paid monthly
Revolving credit — borrow, repay, and borrow again
No need to reapply each time you draw funds
Only pay interest on what you use
Local underwriting and fast approvals
Personal guidance from lenders who understand Colorado business needs

Common Uses for a Commercial Equity Line of Credit

Businesses choose CELOC financing for projects that require flexibility, including:

Facility renovations and expansions
Buying or upgrading equipment and machinery
Working capital for growth or seasonal operations
Repairing or improving commercial property
Financing inventory or supply needs
Quick access to funds for investment opportunities
Emergency or unexpected expenses

If your business needs ongoing financial flexibility without long approval cycles, a CELOC can be a strategic tool for managing growth and opportunity.

Our Colorado Business Lending Team

Employee Name	NMLS ID	Work Location	Contact
Lindsey Lawson - Preisser	873899	1500 8th St Calhan CO 80808	Email: llpreisser@yourfsb.com Phone: (719) 347-2727
Scott Lutz	543634	1500 8th St Calhan CO 80808	Email: scottl@yourfsb.com Phone: (719) 347-2727
Leo Prosser	2534634	1500 8th St Calhan CO 80808	Email: lprosser@yourfsb.com Phone: (719) 347-2727
Sara Strouse	2062662	434 Comanche St. Kiowa, CO 80117	Email: sarastrouse@yourfsb.com Phone: (303) 621-0100
Bret Swennes	554092	7025 Old Meridian Rd Falcon CO 80831	Email: bswennes@yourfsb.com Phone: (719) 495-3650
April Drew	2569373	445 N. Ellicott Hwy Calhan, CO 80808	Email: adrew@yourfsb.com Phone: (719) 683-3999

Serving business owners across Eastern Colorado, Southern Colorado, and the Front Range.

Requirements & How to Apply

To apply for a Commercial Equity Line of Credit, please prepare:

Last 3 years of personal tax returns
Last 3 years of business tax returns (if applicable)
Current financial statement

Download a printable application (PDF)

Or visit your nearest FSB branch in Calhan, Ellicott, Falcon, or Kiowa to speak with a commercial lender.

Questions About Commercial Equity Lines of Credit

How is a CELOC different from a traditional line of credit?

A CELOC is secured by your commercial real estate property allowing the, line of credit to be extended out on a 5-year term rather than a 1-year term.

Do I only pay interest on the funds I use?

Yes, you only pay interest on the portion you draw, not the total credit limit.

Is the credit line revolving?

Yes. Once you repay, the funds become available again without reapplying.

How long is the typical line of credit term?

A CELOC is a revolving line of credit with a 5-year term.

Can I use a residential property as collateral?

Yes, you can use residential rental properties as collateral. If the line of credit is for business use, the collateral does not have to be zoned strictly as commercial.

Are decisions made locally?

Yes. All decisions are made right here in Colorado at Farmers State Bank, ensuring quick responses and personalized service. The loan officer who gathers your application is the same one who underwrites your request, closes the loan with you, and stands beside you long after the paperwork is signed.

Support Your Growth with a Local Lending Partner

Your business deserves a flexible borrowing solution backed by people who understand your market, your industry, and your goals.

At Farmers State Bank, we’ve supported Colorado businesses for more than 100 years — and we’re here to help you invest in the future with confidence.

Commercial Equity Line of Credit in Colorado