Locations & ATMs
Special Loan Programs
Non-conventional loans to meet the needs of your unique business.
Working side by side to find the right fit.
Whether you’re working with a local municipality or a vendor, The Bank of Elk River can help. Our lenders keep tabs on non-conventional business loan programs offered by city, state, industry, and non-profit sources. We can help you combine financing from bank and non-bank lending sources to get the best rates and terms.
Letters of Credit
Need to add strength and neutrality to a transaction? We'll issue you a letter of credit, essentially extending our credit as yours to help you get the deal done.
City and County Incentives & Loans
Our financial experts know the ins and outs of city and county programs that help you keep a little more money in your business's pockets.
Minnesota Initiative Foundation
This foundation works to create economic opportunity by lending funds to locally owned businesses. It offers loans to entrepreneurs who wish to start or expand, have a sound business plan and acceptable credit, create quality jobs, and advance local and regional goals for target industries.
Trade & Economic Development Programs
From DEED (Department of Employment and Economic Development) programs to USDA loans, there are so many business financing options available but you have to know where to look. Don't waste your valuable time trying to figure it all out - just give one of our lenders a call instead.
Choose a lender that’s right for you.
Our business loan experts are here to understand your goals and help you make the best decisions for the future of your business.
Related Products & Services
Other solutions worth a closer look.
Commercial Term Loans
Designed to provide the terms you need to grow with confidence.
SBA Loans
Start or expand your business with loans guaranteed by the Small Business Administration (SBA). We’re proud to be an SBA Preferred Lender.