Empower Your Business: Unlock Growth with Our Business Loan Solutions
Discover our tailored business loan options designed to fuel growth and empower your business success. Our competitive rates, flexible terms, and dedicated support make it easier to achieve your financial goals and capitalize on new opportunities. Our personal touch makes it easy.
Your Trusted Financial Companion
Real Estate
Whether you’re looking for an investment property or an owner-occupied property, our commercial real estate loan experts combine a wealth of knowledge and innnovative approach to help find a way to secure your funding so you can continue to expand your real estate portfolio.
From owner-occupied to investment properties our experts are here to help secure your next commercial real estate loans and regardless of the investment type you’re looking to fund, you’ll receive our undivided attention throughout the entire process.
Benefits of using Granite Bank for your real estate loans:
- We help match payments to your business to make your cashflow more predictable
- More working capital to spend on inventory and daily operations
- Our commercial real estate lenders have recently put together multi-million dollar loan projects
3 Smart Ways You Can Use A Real Estate Loan
Multifamily Properties
Apartments, split level homes, and mobile home parks can produce great revenues with our favorable credit terms and competitive loan rates.
Warehouse Buildings
Warehouse facilities such as distribution warehouses, office warehouses, and single tenant warehouses are all common property investments.
Self-Storage & Other
We have funded properties like self storage, gas stations, and convenience stores. If you have a property not mentioned please contact us to discuss it.
Fuel Your Business Growth
Non-Real Estate
At Granite Bank, we recognize the diverse financial needs of businesses beyond real estate investments. Our Business Non-Real Estate Loans are tailored to provide the capital your business needs to thrive, whether it’s for purchasing equipment, expanding operations, or managing working capital. With flexible terms and competitive rates, we offer customized financing solutions to support your business growth. Trust Granite Bank to be your partner in achieving your business goals and driving success.
Help You Grow
Agricultural Loans
Whether you’re a farmer, rancher, or AG loan operator, you know that success in today’s agricultural industries requires access to the latest equipment and technology. As a leading provider of farm and ranch loans in Minnesota, we understand the vital role agriculture plays in both Minnesota and the Midwest. With our streamlined ag lending process and expert staff, you can stay ahead of the next planting season by securing a commercial farm loan with us.
Benefits of using Granite Bank for your AG loans:
- We help match payments to the seasonality of your business to make your cashflow more predictable
- More working capital to spend on inventory and daily operations
- Our AG and farm lenders have over 40 years of experience in local agricultural standards and will help get you the best deal in the area
3 Smart Ways You Can Use An Agriculture & Farm Loan
Reconsolidating Farm Loans
Refinancing and consolidating existing AG loans and debt can help save you money by reducing your payments with a better rate and freeing up extra cash to use on the farm.
Day to Day Operations
Seasonality can create a short-term need for additional working capital. Secure a revolving line of credit for your farm so your operations never breakdown.
Expanding Farm Operations
If your operation has outgrown your facility and you’re looking to buy land, put up a new building, or renovate an old one we have AG financing options that will take you from construction to permanent financing.
Maximize Your Savings
SBA Lending
Granite Bank has been granted authority from the SBA to approve and fund SBA 7(a) loans. This means faster approvals and funding times. It also means that Granite Bank is one of the most proficient SBA lenders in the country, as not all SBA lenders are granted Preferred Lender status.
The Rundown On Your SBA Loan Options
SBA 504 Loan
SBA 504 loans are most often used for a small business looking to purchase fixed assets such as real estate or heavy equipment. The minimum down payment is 10%.
Consider If:
- You want 10 year equipment maturity
- You want 20 year real estate maturity
- You prefer to roll fees into the loan
- You want lien-free short-term assets
SBA 7(a) Loan
SBA 7(a) loans are used for almost any business need including acquisitions, expansion, lines of credit, and stock purchases.
Consider If:
- You are a brand new small business
- You have little to no collateral
- You want lower payments
- You want 10 to 25 year terms on fixed assets
Plan Your Financial Future
Operating Lines of Credit
As a business owner, there will be times when your company’s growth is limited by the cash you have on hand, but that doesn’t mean you’re out of luck. Instead of drawing against a personal credit or credit card, open a working capital line of credit and enjoy a new type of purchasing power. Working capital loans function like a credit card but often have lower interest rates.
Benefits of using a working capital line of credit:
- You’re prepared to handle financial difficulties
- You maintain full ownership of your company
- No collateral required and quick turnarounds
- You can use the money however you see fit
3 Smart Ways You Can Use A Working Capital Line of Credit
Cover Marketing, Payroll, Rent, and Much More
Lines of credit can cover everyday business expenses such as marketing campaigns, taxes, payroll, rent, insurance and much more.
Save on Bulk Order Discounts
Purchasing large quantities of inventory and materials at one time with a line of credit can help save money upfront and on interest down the road.
Gain the Flexibility You Need to Win Business
When unforeseen costs arise during a bid lines of credit can help give you the flexibility you need to win a bid at the last second for a large client order.
Elite Credit Solutions
Credit Card
Unlock your business’s full potential with our premium business credit card. Streamline expenses with flexible payment options and enhanced security. Empower your business to grow with financial tools that work as hard as you do. Apply today!
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