Business Loans

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At First National Bank North, we believe a bank should be more than a place to make a deposit or get a loan. We become part of our customer's business and prepare you for the future! We are a community bank that makes local decisions, provides prompt responses, and offers excellent customer service! 

COMMERCIAL LOANS

  • Local Processing and Decision Making
  • Competitive Interest Rates
  • Flexible Terms and Payment Options
  • Experienced Lenders and Staff

SMALL BUSINESS LOANS

  • New Business Purchase
  • Business Expansion/Refinance
  • Working Capital Lines of Credit
  • New & Used Equipment
  • Inventory Purchase
  • Letters of Credit

RESORT LOANS

  • Resort Purchases
  • Resort Expansions
  • Equipment Loans
  • Lines of Credit
  • MN DEED (Tourism Business Septic Tank Replacement Loan)

SBA LOANS

  • 7A Loan Guaranty Program can be used for many business purposes, including real estate or equipment purchase, expansion, working capital or inventory.  The guaranty of the federal government helps to strengthen your loan requests.
  • SBA 504 Program provides financing for major fixed assets such as equipment or real estate.  The Certified Development Loan Program provides long term fixed rate financing with as little as a 10% equity position.

EQUIPMENT FINANCING

  • Quick Credit Decision
  • New & Used Equipment
  • Flexible Payment Structure
  • Wide Range of Equipment Types & Industries

Apply Now