Consumer Loans

At Mercantile Bank, we offer personal service and financial products to simplify your life. Our consumer loan products provide you with flexible options and an easy application process. So, whether you need new wheels, new furniture, a vacation or just to consolidate some bills, we have a consumer loan as individual as you are to fit your financing needs.

Whether you want a brand new car or truck or a used one that is new to you, Mercantile can help you find what you are looking for. If competitive auto financing and friendly customer service are important to you, contact our Consumer Loan Department to help get you on the road. Discover the 4 easy steps to “Auto Buying Made Simple”. When you are asked about the financing for your vehicle, tell them to make it a Mercantile Deal! Click here to go to Auto Buying Made Simple

Owner’s Option
Owner's Option is a new concept in automobile financing. It is a great way to reduce your monthly payment 10% to 40% below the conventional financing methods, and at the same time, match your repayment period. If you buy, trade, or lease a new car every few years, Owner's Option is ideal for you. It is based upon a simple premise: your new car will still have value at the end of that time period. The result is more car for your money with lower monthly payments, making this the sensible way for many people to manage the higher prices of today's cars. Contact us to learn more or ask about it at the dealership.

Want to buy a dream and keep the financing local? You can at Mercantile Bank where local financing equals local friendly service. We offer flexible terms with fixed monthly payments that make financing your RV or boat easy and affordable.

Did you know you can get local financing from Mercantile Bank for your motorcycle, personal watercraft, and ATV? Our Consumer Loan Team can help you get the payment plan that you need to enjoy them. 

Depending on the terms and conditions of your current loan it could be worthwhile to look at the money saving opportunities of refinancing your loan. Mercantile has many repayment options designed to fit your budget. Refinancing can help decrease your interest rate, lower your payments, or reduce the number of payments to make your car your own.

Whether you need to consolidate bills, buy a new computer, take a dream vacation, or any of the many other unexpected things life brings, we have a loan to fit your budget. Our Consumer Loan Team can help you get the payment plan that you need to enjoy the things you want. Mercantile Personal Loans have a wide variety of financing options and we are here to help you tailor a loan to fit all your individual financing needs.

M-Class IntelliBank Suite
Need the safety and security of knowing that you are going to be covered if you get into a bind? Insure yourself with a Personal Reserve Account available as part of the M-Class IntelliBank Suite. Whether you have an unexpected emergency or need to take a long overdue vacation, our Personal Reserve Account allows you to access funds when you need it by simply writing a check. There are no application fees and no monthly payments until you use your credit line! And, because it is a revolving line of credit, you can make payments and borrow up to your credit line without reapplying. We can tailor a credit line to meet your needs and your budget at rates better than most credit cards.