Business Loans Built for Minnesota Businesses
From managing day-to-day cash flow to funding long-term growth, explore financing options designed to support your business at every stage.
Which Business Loan Is Right for You?
If you’re looking to expand, purchase equipment, or strengthen cash flow, different financing options* can support different goals. Here’s how to think about your next step:
Manage Cash Flow
Cover seasonal gaps, manage expenses, and keep operations moving with flexible access to funds.
Fund My Growing Business
Support expansion, property
improvements or equipment purchases
with longer-term financing options.
Not Sure Where to Start
Talk with a business banker to
review goals, timelines, and options
that may fit your needs.
*All loans subject to credit approval. Rates, terms, conditions, and fees vary based on credit qualifications and relationship. Collateral and/or personal guaranty may be required.
Construction Loans**
A strong construction loan program starts with experienced lenders. Whether you’re a general contractor or end-buyer planning a model home or pre-sold home, we can help support your project from planning through completion.
Equipment Financing**
Equipment financing can support fixed-asset purchases like machinery or equipment and may also be used for certain longer-term business needs, depending on your situation.
Real Estate Financing**
Whether you're purchasing, developing, or investing in property, we offer financing options designed to support your business goals.
Investor Real Estate
Financing for office, warehouse, and multi-family propertiesOwner-Occupied Real Estate
Support for purchasing or refinancing the space your business operates fromCommercial & Residential Development
Financing for development projects from planning through completionConstruction Financing
Structured funding to support new builds and major renovations
** Rates, terms, and fees vary based on credit and collateral.
Lines of Credit
Lines of credit provide access to funds up to an approved limit for various short-term financing needs, including seasonal working capital needs, financing of accounts receivable, inventory purchases, funds to take advantage of trade discounts, and other short term financing needs.
SBA Financing Programs
As an SBA Preferred Lender, we can help streamline the SBA loan process. Approval timelines vary based on loan type, documentation, and SBA requirements.
Our approach to SBA lending has earned recognition from the Central Minnesota Development Company as the 2025 SBA 504 Lending Partner of the Year, reflecting our commitment to supporting business growth. SBA loans are subject to SBA eligibility requirements and lender credit approval.
Thinking About Financing Your Business?
What should I consider before applying for a business loan?
Before applying, it can be helpful to understand your goals, current financial position, and how financing will support your business. Taking time to evaluate these factors can lead to more informed decisions.
What does the loan process typically look like?
While every situation is unique, the process usually begins with a conversation to better understand your business and your goals. From there, options can be explored based on what makes the most sense for you.
When is the right time to explore financing?
Financing isn’t only for major expansions; it can also support cash flow, equipment purchases, or future planning. Exploring your options early can help you be better prepared when opportunities arise.
