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.
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
President / CEO
Division: Business Lending
Location: Rochester Office
Phone: (507) 424-1561
Kelly Nelson
Senior Vice President
Division: Business Lending
Location: Rochester Office
Phone: (507) 424-1590
Larry Schminski
Executive Vice President
NMLS: 877676
Division: Business Lending
Location: St. Louis Park LPO/DPO
Phone: (612) 491-8181
Josh Buckmeier
SVP Market Lead - Stewartville
NMLS: 421588
Division: Business Lending
Location: Stewartville Office
Phone: (507) 504-1065