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. 

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.