For over 16 years, we’ve been helping our neighbors in Beadle and Spink counties open the door to their dreams. And now, we’d like to hear about yours. Whether you dream of home ownership, a cattle herd of your very own, or starting a business where you can be your own boss, BASEC wants to help. We offer loans, technical assistance, and a one on one style that will help guide you through the process.

It’s time to turn those dreams of yours into reality.

At BASEC, we believe that owning and operating your own business should be more than just a dream. That’s why we have a growing pool of financial products and in-house technical expertise to help you start or grow your business.

BASEC currently offers business loans for startups, expansions, and purchases. Funds from BASEC can be utilized for a variety of business-related opportunities, such as:

  • Purchase of buildings
  • Purchase of commercial lots
  • Purchase of equipment
  • Working capital
  • Construction costs
  • Repairs
  • Modernization
  • Technical assistance

For more information about qualifications BASEC’s business programs, please contact the BASEC office at (605) 635-6165.

Twelve Month Cash Flow Statement

This document allows BASEC to more accurately view the total expected amount of money that will be transferred into and out of a business, especially as affecting liquidity.

Business Loan Application (V)

This application will assist BASEC with determining eligibility for for business loans.

Financial Statement

The financial statement only needs to be filled out in the absence of a formal balance sheet and profit and loss statement (for example, reports printed from Quickbooks or other bookkeeping software). This form is only needed for business loan applicants.

New Business Checklist

If you are looking to start a business, this form will help get you started.