I was initially very intimidated, thinking about the financing process; all the paperwork, hoops to jump through, etc. However, after our first conversation, I knew I was in good hands. You have been incredibly helpful, patient, knowledgeable, approachable and kind throughout this whole process. 

-Jack L., Osgood Bank Customer

Bank Well With A Lender That Empowers Growth

Commercial Loan in Ohio

Commercial Real Estate Loans Without the Headache

If your business plan involves the expansion of a current facility or the purchase of a new one, we'll make the financing fast and easy.  As your partner we'll reduce red tape and simplify the process. 

Equipment Financing

Purchase or Refinance Equipment With Ease

Osgood offers rapid approvals and funding of equipment loans for qualified borrowers. We have special programs for small ticket loans that can be funded within just a few days of a completed package.

Expand your business

Business Expansion

We can help finance buyouts of competitors or support entry to new markets. Bring your business plan to us and we’ll show you how we can help you grow. 

business line of credit

Gain a Peace of Mind With a Line of Credit

Manage your cash flow more effectively with a line of credit that you can access instantly to advance funds as you need them. 

Schedule a Meeting With a Commercial Lending Expert

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Robb Armentrout

I’ve been a lender with Osgood bank for over 7 years and have over 20 years of banking experience.  My clients know me best for my outgoing personality and devotion to doing what’s right for them.  Having held several different roles throughout my career, I can help you with almost any banking need you may have.

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Zach Sommer

Having grown up in the area I take great pride in partnering with local businesses to help them achieve their financial goals. As a commercial lender it is very rewarding to see the growth in our communities through business development. With 15 + years of banking experience I am confident in my ability to think outside of the box and provide you the best value.


Katey Wibbenmeyer

As the Senior Lending Officer, when you want to expand or have a question about your relationship, I'm just quick call or text away.  I'll provide sound advice and quick responses as we partner together to grow your business. 

"What I love about Osgood Bank, is it is a local bank with a hometown feel, very convenient for our business, and located just down the street from where we live."

-Audra, Restaurant Operator 

Get Answers To Frequently Asked Questions About the
Best Business and Commercial Loans in Ohio

What are typical commercial real estate loan terms?

Unlike residential loans, the terms of commercial loans typically range from five years to 20 years, and the amortization period is often longer than the term of the loan. For example, a commercial loan for a term of seven years may have an amortization period of 30 years to reduce payment levels and support cash flow of the business.

How are commercial loans priced?

Rates are fluid, but typically commercial loan pricing is based on a margin over a Wall Street Journal Prime or a comparable index.  The actual interest rate you secure on a loan depends on the type of loan you choose, your qualifications as a borrower, and the type of building or project you're financing. Your lender will work with you to get the best rate possible for your specific situation.

What criteria does Osgood Bank use when approving commercial loans?

We typically look for the “Five Cs” of credit -- capacity, collateral, capital, character and sensitivity to market conditions.

Ultimately, even though all five "Cs" are important, Osgood Bank is a cash flow lender. That means we look to the capacity or cash flow of your business or farm as the primary repayment source for the money we lend you. Simply put, is your company able to repay the amount borrowed?

We will evaluate your borrowing history, existing credit relations, and projections for future financial performance as we review requests for approval. 

Are credit decisions made locally?

Yes. For all loans based in our local footprint (Darke, Shelby, Auglaize, Mercer and Logan counties) all credit decisions are made quickly by bankers that live and work in our communities. 

For loans outside our area, we have processes that allow us to provide credit decisions extremely quickly after receiving a completed application package.