If your business needs an adjustable credit limit to help with seasonal fluctuations, a line of credit may be what you need. Our Line of Credit can help your business operate smoothly ensuring funds are readily available whenever you need them.

If your company is looking to fund equipment purchases, expansions, ownership changes or for financing permanent working capitol, we offer fixed and variable rate loans with a range of terms to fit your business needs.

Whether you are financing, expanding, relocating or initially buying business real property, our wide range of commercial real estate loan options are available for:

• Acquisition and development
• Single family and multi-family development
• Interim construction loans
• Construction loans with long term financing
• Purchase loans for commercial buildings
• Refinancing of commercial buildings

"As a certified SBA lender, Border Bank has the experience you need to guide you through the application process. SBA Loans are a wonderful financing option for business that might not otherwise qualify for traditional commercial loans. SBA loans offer flexible terms and competitive rates, plus they're partially guaranteed by the U.S. Small Business Administration."

• SBA 7a & SBA Express Loan

Offers term loans and lines of credit.
SBA Loans up to 5 million.
SBA Veterans Advantage.

• SBA 504 Loan Program

Provides long-term, fixed-rated financing for major assets such as owner-occupied land, buildings, machinery or capital equipment. Offers financing on total projects up to $5 million (combination of bank, SBA and borrower funds)
Low fixed-rate loans with terms up to 20 years

Border Bank works with a number of agencies to create workable financing packages for small businesses such as:

• Northwest Minnesota Foundation 
• Headwaters Regional Development Commission 
• The Small Business Development Center 
• Minnesota Business Finance