Business loans come in all shapes and sizes — find the one that fits best for you.

Why Choose a Business Loan from Minnesota Lakes Bank?

With years of experience providing entrepreneurs with business loans, we understand that each business has their own unique goals and requirements. Unlike big banks, our representatives take time to understand the direction your business needs to take and help determine the best loan to get you there.

“Working with Minnesota Lakes Bank provides an amazing difference in service from my previous bank. I can call anyone in at MNLB, and they respond promptly, acknowledge me on a first name basis, and treat me with respect.” – Judd Frost, Judd Frost Clothiers

 

Judd Frost

Business Loan Offerings

Whether you are expanding your existing business or starting out new, the Minnesota Lakes Bank team is here to help you succeed! From financing real estate and equipment to managing your cash flow, our team will work hard to find the right loan type to fit your needs. Additionally, Minnesota Lakes Bank has access to the Small Business Administration, as well as local and regional economic development programs which enhance credit terms and availability. We’re happy to come see you at your business and work with your schedule to make your banking easy. E-mail us or give us a call to discuss your needs.

Our Loan offerings include:

  • Real Estate – Loans for the purchase, construction, or expansion of most types of commercial real estate.
  • Lines of Credit – Seasonal or revolving loans designed to bridge business cycle cash flow gaps and finance inventory.
  • Terms Loans – Loans for equipment,  capital improvements, company vehicles, or other business needs.  Loan payments can be customized  to meet your seasonal or business cycle cash flow
  • SBA and Gap Financing – Government sponsored loan programs designed to help throughout loan situations where equity is short or where expanded loan terms are required.  These programs help enhance job creation and assist in local economic development.
  • Immediate Credit – Line of credit linked to your checking account for overdraft protection.
Judd Frost Clothiers

Find the loan your business needs with help from our team.

Our team has years of experience helping Minnesota’s businesses find loans that ensure long-term success. No matter what your organization’s needs are, we’re ready to help you find a solution that drives your business forward.

Meet our team of experienced business bankers.

Josh Gehlen

Senior Vice President, Lending/Chief Credit Officer
NMLS #456474

Josh Gehlen

Sherry Valley

Vice President, Senior Business Banker
NMLS #1855101

Sherry Valley

Austin Wiberg

Assistant Vice President, Business Banking
NMLS #1790833

Jessica Griffel

Senior Loan Processor

Jessica Griffel