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Business Loans

business owners

Loans to Help Your Business Grow

Every business needs a lending partner they can trust. At Eagle Rock Bank, we understand the borrowing needs of our business owners, and we can provide a business lending solution to meet those needs. Our business lending team will begin by having a conversation with you to discuss your business’s unique borrowing needs, and then work with you to tailor loan solutions to match. Get started by contacting our business lending team.

Meet Our Lenders Personal Financial Statement

Business Loan Options at Eagle Rock Bank

Loan Option

What You Need to Know About This Loan

Construction & Development Loans

We offer vast expertise in construction financing, both commercial and residential, as well as land acquisition and development financing.

Business & Ag Real Estate Loans

Our lenders focus on helping you find the right real estate loan for you. From new warehouse space for your business to additional acreage for your farming operation, our lenders will tailor solutions to meet your unique needs. 

Term Loans

If you need extra capital, a term loan can provide that while offering a fixed rate to allow you to budget for a consistent monthly payment.

Equipment Financing

These loans are tailored to businesses that need to purchase new equipment. It can be used for production equipment, manufacturing equipment, office supplies, computers and more.

Lines of Credit

If your business experiences fluctuations in cash flow, a line of credit allows you to maintain steady cash flow. Draw on the line of credit as you need it.

SBA Loans

We offer 7 (a) and 504 business loans available through the Small Business Administration to help small businesses overcome barriers and get the financing they need.

Meet Our Business Lenders 

Brad Becker

Brad Becker

President / CEO

Division: Business Lending

Location: Rochester Office

Phone: (507) 424-1561

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Kelly Nelson

Kelly Nelson

Senior Vice President

Division: Business Lending

Location: Rochester Office

Phone: (507) 424-1590

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Larry Schminski

Larry Schminski

Executive Vice President

NMLS: 877676

Division: Business Lending

Location: St. Louis Park LPO/DPO

Phone: (612) 491-8181

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Josh Buckmeier

Josh Buckmeier

SVP Market Lead - Stewartville

NMLS: 421588

Division: Business Lending

Location: Stewartville Office

Phone: (507) 504-1065

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