Business Services

Our Business Lending team specializes in real estate loans, merchant processing, and deposit services for businesses of all sizes.  Do you have a specific question or would you like to schedule an appointment?  Email our Commercial Loan Officers Deb Otto, serving the Duluth area; or Karla Miller, serving the Cloquet, Aitkin and McGregor areas. Use the links below or reach them over the phone.  Our goal is to help your business achieve commercial success.

 

Deb Otto Commercial Loan Officer Spirit Valley Office 218.625.8825 e-mail

Karla Miller Commercial Loan Officer Cloquet Office 218.878.3688 e-mail

Equipment Financing
Real Estate
Line of Credit
Merchant Processing
Deposit Services

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Equipment Financing

Purchase new or used equipment or vehicles with terms to 72 months.  Finance up to 100% of the purchase price.

Apply Now 
Business Application Checklist

Real Estate

Finance up to 80% of the property value.  We offer a 20-year amortization with a five-year balloon payment. 

Apply Now
Investment Property Checklist

Line of Credit

We offer secured and unsecured lines with terms to two years.

Apply Now
Business Application Checklist

Merchant Processing

Increase sales with our economical transaction processing services for Visa and Mastercard. 

Deposit Services

Grow your investments with very competitive rates on Share Certificates, Money Market and Share Savings Accounts.  Our Business Checking Accounts offer full service and easy access via network ATMs, phone, web, or any of our six offices – without high monthly or per item processing fees. 

Contact Deb Otto

Contact Karla Miller