Banking and LoansIowa

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Iowa Banks For Sale
$5,000,000
Iowa Banks For Sale

Crawford County, IA

AN IMMEDIATE OPPORTUNITY EXISTS TO ACQUIRE FROM ONE TO THREE BANKS LOCATED IN GREAT MARKETING AREAS FOR THE RIGHT INVESTOR. ONLY SERIOUS INVESTORS NEED INQUIRE BUT THIS IS A UNIQUE OPPORTUNITY THAT ONLY COMES ALONG ONCE IN A GREAT WHILE. FIRST BANK IS LOCATED IN IOWA’S GOLDEN CIRCLE PRICED AT $5 MILLION PLUS 1 ½ MILLION INFUSION. SECOND AND THIRD BANKS LOCATED IN CENTRAL IOWA AND NORTHWEST IOWA TO BE SOLD ONCE FIRST BANK IS CONCLUDED BUT ALL 3 BANKS ARE AVAILABLE TO SAME PARTY IF INTERESTED. SEND FOR INFORMATION PACK RIGHT AWAY. GREAT EARNINGS GROWTH POTENTIAL. Contact: Ken Livingston at: 712-269-5276 or mayorkenl@gmail.com

Opportunity to Purchase a Bank
$3,500,000
Opportunity to Purchase a Bank

IA

We represent a client who manages and annually places a $35 to $40 Million loan portfolio with various banks. The portfolio is primarily made up of agricultural loans with some business loans. The portfolio generates over $2,000,000 a year in profit, The client has identified a bank and seeks a partner to acquire the bank. We estimate that the prospective bank could be acquired for about $ 3 ½ Million. The profit from the portfolio would accommodate part of the capital requirements, but would require an additional $5 Million to increase its legal lending limit to cover the entire portfolio. The loan contracts can be moved with 30 days notice with each participating bank and be placed wherever he chooses. The Portfolio owner would merge the portfolio into the bank in exchange for part ownership and would phase out eventually through a bank stock buyout. For additional information, please contact: Ken Livingston at: 712-269-5276


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