Business Loans

Business Loans 2017-10-05T13:58:28+00:00

First Resource Bank provides fixed and variable rate financing solutions for those businesses that value a total banking relationship. With stable ownership, strong capital, experienced management, and local decision-making, First Resource Bank can customize term loans and lines of credit that will best serve your borrowing needs. Feel free to contact our business banker, Jim Herbert at 651.717.2869, to learn more or to start an application.

Commercial or Real Estate Loan

Real estate is a local business and that’s why commercial real estate owners and investors are best served by a strong local bank. In the Twin Cities that financial partner is First Resource Bank. We know first-hand the conditions and potential in the market. Our business bankers are experienced and have a long-term commitment to the business and to their customers. Our local decision makers can act fast to put together a solution that meets your needs. Every real estate transaction is a vote of confidence in the Twin Cities area that we call home, and First Resource Bank stands ready to help.

Business Term Loans

First Resource Bank offers term loans to finance the purchase of new or used equipment and machinery, pay for leasehold improvements, or finance the acquisition of another company. Competitive terms are available and vary with the type of financing need.

Business Revolving Lines of Credit

First Resource Bank offers revolving lines of credit to help finance your short-term borrowing needs and to provide working capital to help level temporary or seasonal cash flow fluctuations. This type of financing allows you the flexibility to borrow against your line and repay without a fixed schedule.