Business Financing

We’re a strong and innovative community bank with a 130+ year history of serving local businesses. Our current lending capacity exceeds $6.46 million. We pride ourselves on offering custom solutions to meet your specific business needs and our ability to quickly respond to any request due to our centralized lending environment and a local Board of Directors.


Our Goal:

Our goal is to exceed your expectations every day. Understanding your business needs and goals is so important to us. With the right people, products, and services to help you achieve your goals; you can take your business to the next level.

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Meet our Commercial Lenders

Our lending staff has the skills and expertise to help you grow and finance your business. Contact us today and let us show you how to take your business to the next level.

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Commercial Lending Center

Apply for a business loan anytime, anywhere on any device.

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Working Capital Loans

Explore The Bank of Elk River's cash flow management solutions.

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Commercial Term Loans

Term loans are ideal for larger asset purchases such as equipment, machines and vehicles.

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Commercial Real Estate Loans

Looking to purchase real estate? The Bank of Elk River offers a full array of financing solutions.

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Small Business Administration (SBA) Loans

As a SBA Preferred Lender, we have the knowledge and expertise to utilize a variety of SBA programs to help grow your business.

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Letters of Credit/Special Programs

The Bank of Elk River can provide standby letters of credit and find special finance programs to meet your needs.

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Business Credit Cards

Explore potential rewards and benefits with our business credit card options.