Performance letters of credit are issued as a bank guarantee for an obligation of the applicant. They can be needed under a variety of circumstances, including inducing the guarantee of delivery of goods or services or guarantee of a payment.

Commercial single payment loans are made for a specific purpose or use. Often these are done on a short-term or bridge basis. These loans give you the ability to receive funds in advance with the repayment coming at a set future time.

At Park State Bank & Trust, we understand that each loan applicant has different needs. We do not have a “one-size-fits-all” loan structure. Instead, we focus on listening to your ideas and coming up with a solution. We provide one-on-one customer service that you cannot get at larger institutions.

For more information please contact us, or visit our Woodland Park or Florissant location to apply. We are happy to come to you by appointment.