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You’ve got business goals and we’re here to help you reach them. The Bank of Elk River has many business financing options to help your business succeed. These aren’t just one size fits all solutions. Our lenders will come to you to learn about your business so they can provide a customized financial solution to fit your unique needs.
Whether you’re interested in a Commercial Term Loan, Working Capital Loan, or Lines of Credit, our lenders will work with you to determine the best solution for your business and your budget. If you don't exactly know what you're looking for or what financing option would suit your business best, don't worry, we're here to help.
When you partner with a business expert at The Bank of Elk River, an organization with a 135+ year history of successful business partnerships you also benefit from:
Vice President, Commercial Lending
Vice President, Commercial Lending
Vice President, Commercial Lending
Assistant Vice President, SBA Loan Manager
Assistant Vice President, Commercial Loan Officer
Vice President, Commercial Lending
Business Specialist
Business Development Officer
Executive Vice President, Director of Commercial Lending
If you know what you're looking for and want to get started right away, complete the Loan Application. If you would prefer to speak to a lender first, click on Contact a Lender, or, give us a call at 763.441.1000.
At The Bank of Elk River, your partnership is more than a transaction – it's a relationship.
How quickly can I get funding?
At The Bank of Elk River, we have fast, local decision-making. We let you drive the timeline by how quickly you can gather and submit the required documentation.
How do I get the money?
You have a few options to choose from; we can deposit the funds into your Bank of Elk River account, you can pick up a cashier’s check, have the funds wired, or we can mail them, whichever is most convenient for you.
How do I get started?
What do your fees look like?
There are no fees to get started. Depending on the funding option you choose different fees will be associated with them.
How does repayment work?
Repayments can be made in a variety of ways depending on the funding product you chose.
Is there a pre-payment penalty?
No. There are no pre-payment penalties on any of our business loans.
LOAN APPLICATION
CONTACT A LENDER