Business Loans

Get the capital you need, without hidden fees. A business loan through RiverWood Bank allows you to grow business without holding back. Get started today! 

bruce and josh at baxter office

How to Apply

We recommend stopping by your nearest RiverWood Bank location or calling us at 888-751-5120 so we can recommend the best loan for your needs. If you know what you want, you can start the business loan application process online using our secure application.

Please note: while loans can be approved in as little as one week, the loan process can take up to 30-45 days, depending on the size and complexity of the credit.


Have questions or want to speak with a banker?
Call us at (888) 751-5120.

Working Capital Loans or Lines of Credit

When your business requires short or intermediate term working capital funds, our business bankers can help you with a loan or line to meet your working capital needs. Please visit your nearest RiverWood Bank location or call us at 888-751-5120 to discuss options.

Business Loan Types

RiverWood Bank offers SBA loans and we also work with many area GAP leaders to help structure loans to new and existing businesses. Please contact a banker for loan rates.
Our agricultural lenders understand your business. Whether you need financing for operating expenses, crops, livestock, equipment or real estate, we can help. We are interested in your business and will take the time to understand your farming operation.

Our experienced business bankers are able to offer financing programs through the Small Business Administration. We understand the important role that small business plays in the communities that we serve and we can help you navigate the different financing options. Our business bankers are here to support you whether you need a SBA 504 to purchase commercial real estate or heavy machinery/equipment or are starting a new business, purchasing an existing business, or getting working capital with a SBA 7A loan. In fact, RiverWood Bank was named 2017 Lender of the Year by the Minnesota Business Finance Corporation (MBFC). This award recognized us for having the highest dollar amount of SBA 504 loans approved by MBFC and the US Small Business Administration within the fiscal year.
If you are purchasing equipment for your business, talk to us first. Our competitive fixed rates and flexible terms can help your business with its capital expenditure plans. We can also assist with direct payment to the vendor to expedite delivery.
When you are looking to purchase or refinance commercial real estate or investment property, our experienced business bankers can assist you. We offer a variety of rates and terms and can tailor a loan to match your business needs.
When planning to build a new facility or expand an existing facility, our commercial construction loan experts will help you every step of the way. We’ll provide pre-approval on a long-term mortgage for your peace of mind before you start building. When you finance both your construction loan and long-term mortgage with us, we are often able to give you added savings on closing costs. Our bankers also assist with monitoring the costs and disbursements during the construction process.
We offer our customers competitive business credit card account options. Call or visit your nearest RiverWood branch location to find out how easy it is to apply for a business credit card account. If you have already established a business credit card account through our Bank, you may access your account information and make payments online.
We provide Letters of Credit guaranteeing that a company's payment to a seller will be received on time and for the correct amount. This allows our customers to continue to expand and keep their business growing.

Still Have Questions?

Find FAQs, routing numbers and online banking tutorials in our Education Center.

Credit card applications are subject to underwriting guidelines. All applications are submitted to our third party credit card partner for approval. Rates and terms may vary. See a banker for details.

All business loans and lines of credit are subject to RiverWood Bank underwriting guidelines and approval. SBA loans are subject to approval from the Small Business Administration. Rates and terms may vary. See a banker for details.

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