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You've got business goals and we're here to help get you there. The Bank of Elk River's heavy equipment and manufacturing loans provide the funding you need to secure the resources for growing your business.
Whether you're interested in a Commercial Term Loan, Working Capital Loan, or Line of Credit, we're here to help you find the loan that's right for your business.
We’re a strong and innovative community bank with a 130+ year history of serving local businesses. Our current lending capacity exceeds $7,250,000. 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 bank and loan experts
understand your business goals.
We've built solid, local
connections that help deliver
the quick solutions you need.
Get a customized package
specifically designed for you.
Have questions or want to speak with a Commercial Lender? Complete the form below or contact Becky at 763.241.8557.
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; 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?
Getting started is easy! First, gather your business and personal tax returns for the last two years. Second, contact Becky to get the ball rolling.
What do your fees look like?
There are no fees to get started. Depending on the funding option you choose different fees with 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 penalty fees on any of our business loans.
Work with one of the Top Women in Finance, Becky Moritz. A businesswoman herself, she understands the details and can relate to your needs which enable her to develop creative financial solutions. Becky has taken this journey and:
Make your next best business financing decision with Becky. At The Bank of Elk River your partnership is more than a transaction – it's a relationship.
Aaron Davis - President & Co-Owner, Green Valley Greenhouse
"With the purchase of the business, Becky has been great at helping us come up with creative financial solutions to keep our business growing."
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Call 763-241-8557
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