Commercial term loans are ideal for equipment purchases, capital improvements or expanding your business.
Having the right loan for your business with a competitive rate and term can help you take your business to the next level. Our lenders understand business needs and can offer a variety of innovative loans to help you meet its goals.
To inquire about a commercial term loan, contact an experienced commercial lender today, apply online through our Commercial Lending Center or email our department at [email protected]
*Annual Percentage Rate effective through 12-31-2021. Loans are subject to credit and underwriting approval. Refinancing of existing The Bank of Elk River loans are not eligible. Other rates, terms and restrictions may apply. Must have a Bank of Elk River deposit account with automatic payment to qualify for the interest rate. Additional fees and closing costs may apply.