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Our Commercial Lenders

Nora Colthorp headshot

Nora Colthorp

Commercial Loan Officer, AVP

Fax: 989.842.3448
Nora Colthorp has 29 years of banking experience, all with Isabella Bank.  Throughout her years with the bank, she has held various positions including mortgage processor and underwriter, consumer loan officer, mortgage loan officer and spent nearly 15 years managing the Hemlock and Ithaca branches.  She has also served in our collection dept and is currently a Commercial Loan Officer/AVP in the South Region.

Nora received her Bachelor’s degree in Business Administration from Central Michigan University.  She also graduated from the Michigan Banker’s Association Perry School of Banking in May 2018.  Nora has completed various Dale Carnegie trainings including Team Development Program, Sales and Service Excellence Program and Becoming a Trusted Advisor.  She has earned Isabella Bank’s Izzy Award as well as Isabella Bank’s Team of the Year Award.

Nora has been involved in various organizations throughout her tenure with the bank including the Hemlock Lions Club, Ithaca Rotary, serving on the Breckenridge Community Schools board of education and as Trustee on the Lafayette Township Board.  Currently Nora is a board member of the Gratiot County Community Foundation as well as serving on the Executive Committee and Chairperson of the Scholarship Committee.  Nora is a lifelong resident of Breckenridge.

Compare Your Business Loan Options

Find the right financing solution for your business—from everyday working capital to long-term growth projects. Compare loan types to see what best fits your goals. 
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Lease What Your Team Needs

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Lease equipment, vehicles, or machinery with no upfront costs and predictable payments. A flexible solution for businesses, municipalities, and specialized industries.
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Invest in Your Operation

Agricultural Loans

From operating credit to equipment, livestock, and land, our agricultural loans are designed to support every part of your operation — with local expertise you can trust.
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Financing for Any Property

Commercial Real Estate (CRE) Loans

Finance the purchase, construction, or renovation of commercial property with competitive rates and flexible structures. Local lenders guide you every step of the way.
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Flexible Funding Options

Business Term Loans & Lines of Credit

Flexible financing to help you manage cash flow, cover expenses, or prepare for seasonal needs. With competitive rates and reusable lines of credit, you only pay interest on what you use.
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Government Backed Financing

Small Business Administration (SBA) Loans

SBA loans make it easier to finance growth with lower down payments and longer repayment terms. They’re a smart option for expanding, upgrading, or strengthening cash flow.