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Lake Bank
business people shaking hands

Business Loans

The Lake Bank offers business loan packages and lines of credit with competitive rates and a variety of terms. Credit decisions are made locally, and our experienced lenders work to truly understand your business so your financing package can be tailored to fit your needs. 

Business Term Loans

Business term loans can be used for business acquisition or expansion, equipment purchases, or on-going operation of your business. We can accommodate your needs with short and long-term loans.

Commercial Real Estate

Commercial real estate loans can be used for the purchase, renovation, or refinance of commercial, rental, or investment property. We offer a flexible rate structure and various amortization periods without any prepayment penalty.

Real Estate, New Construction, and Land Development Loans

Real estate, new construction, and land development loans can be used for land purchase or development and may include short-term construction loans as well as long-term financing options.

Revolving Lines of Credit 

Revolving lines of credit can be used for inventory purchases, cash flow management, and your seasonal financial needs.

Small Business Administration (SBA)

Small Business Administration (SBA) loans is a financing tool that we have available to assist you with your borrowing needs. The SBA has several programs available and The Lake Bank can help you choose an SBA program that fits your needs.

Printable Forms

Click below to print the business loan application and/or the personal financial statement to complete and bring into one of our business bankers today.

We are Community Strong

We are giving back to the community. 

#PayItForward #ShopLocal #LakeBank'd

Saturday Banking

For your convenience, our Downtown Two Harbors Drive Thru is now open on Saturdays.