Financing Your Business's Future
At First National Bank Minnesota, we understand the importance local businesses play in the success of our communities. Local business owners provide local jobs and support causes that make our communities better. We understand our important role in providing business loan solutions to help our local businesses succeed. No matter the size of your business, we can tailor a loan to match your unique needs. Contact our business lending team to learn more about your options.
Meet Our Lenders
Your Business Loan Options
Business Loan Product | What You Need to Know About this Loan |
|---|---|
Commercial Real Estate Loans | Ideal for purchasing, refinancing, or expanding commercial properties. These loans offer flexible terms and competitive rates and are suitable for office buildings, retail centers, industrial spaces, investment properties, and more. |
Term Loans | Provide a lump sum of capital for business needs such as expansion, equipment purchase, or working capital. These loans have fixed interest rates and set repayment schedules, making them predictable and easy to manage. |
Lines of Credit | Offer flexible access to funds for managing cash flow, covering unexpected expenses, or taking advantage of business opportunities. You only pay interest on the amount you use, and funds can be borrowed and repaid as needed. |
Equipment Loans | Designed to finance new or used equipment. These loans feature competitive rates and flexible terms, helping businesses maintain cash flow while acquiring necessary machinery or technology. |
| SBA Loans | The Small Business Administration provides loan programs designed to help qualified small businesses secure financing that might not be accessible through traditional channels. SBA financial assistance is offered through participating lenders, who provide loan guarantees. These loans can be used for various business needs, such as purchasing real estate, equipment, inventory, machinery, or for working capital. |
Our Business Lending Team
Ben Gossett
Mankato Branch President, Vice President Business Banker
Division: Business Lending
Location: Mankato
Phone: (507) 386-4137
Jon Bundy
Assistant Vice President, Business Banker
Division: Business Lending
Location: Mankato
Phone: (507) 386-4121
Michael Laskey
Senior Vice President, Business Banker
Division: Business Lending
Location: Mankato
Phone: (507) 386-4553
Noah Berkeland
Business Banker
Division: Business Lending
Location: Belle Plaine
Phone: (952) 873-4009
Matt Wallskog
St. Peter Branch President, Senior Vice President Business/Ag Banker
Division: Business/Ag Lending
Location: St. Peter
Phone: (507) 931-5202