Banking for Businesses > Loans

Every business is unique, so is our financing.

Break into a new market, expand your factory or grow your main street business. We believe the best way to serve your business is to make it our business. That’s why we work alongside our clients, ensuring they have the necessary resources to succeed. We’re ready to be your business partner and we support your success. Together, let’s grow your business and our communities.

Business Loan Options

Equipment Financing

Rely on Choice Financial when you’re ready to upgrade your equipment. We’re ready to discuss your financing and leasing alternatives.

Expansion

If you’re ready for new locations, new products or new markets, Choice is your banking partner. Let’s talk about your long-term plans.

Construction

Build your business for tomorrow – and beyond – with our commercial construction financing. We want to fuel your growth.

Real Estate

Purchase or refinance your property with a local, community-minded bank. Benefit from our local decision-making and personal service.

Business Development Loans

We guide businesses like yours through the various business development loan programs available in our state and region.

Group Home Real Estate Loans

A program unique to Choice Bank. Take advantage of long-term, fixed rate financing on homes for children and adults with disabilities.

Working Capital Loans

Flexible, short-term, asset based financing for local businesses. A line of credit can help you manage cash flow, make necessary purchases and adapt to changing needs. Gain access to cash, when and where you need it.

Inventory

Maintain your ideal inventory – or adjust for seasonal needs. With an inventory loan, you’ll be prepared to keep your customers coming back.

Letters of Credit

A great tool to facilitate payments between vendors, suppliers, and customers. Both commercial and standby letters of credit are available when your business needs to provide support for large payments to vendors and other service providers, either domestically or internationally.

Small Business Administration
(SBA) Loans

A great option for situations where conventional financing won’t work. As an SBA Preferred Lender (PLP) in Minnesota and North Dakota, we have the authority to approve, originate and close most SBA guaranteed loans, which means funds get to you faster.

Business Credit Cards

Choose from a variety of card options with competitive terms to fit the needs of your growing business.

Visa® Business Cash Card

Earn cash back every time you use your card: 3% on office supply store net purchases and phone/internet services, 2% on restaurant and gas net purchases, and 1% on all other eligible net purchases, plus get $25 cash back after your first purchase.

Learn More and Apply Now

Visa® Business Real Rewards Card

Watch your rewards add up fast with 1.5 points for every $1 you spend on eligible net purchases. Plus get 2,500 bonus rewards points awarded after your first purchase.

Learn More and Apply Now

Visa® Business Real Rewards PLUS Card

Watch your rewards add up even faster with 3 points for every $1 you spend in the category you spend the most on—cellular phone services, hotel, and airline; earn 1.5 points for ever $1 spent on all other eligible net purchases. Plus get 20,000 bonus rewards points after you spend $2,000 in the first 3 months. $0 introductory annual fee for the first year. After that, $99.

Learn More and Apply Now

Visa® Business Card

Save on interest with an extended introductory rate and pay down other credit card balances faster.

Learn More and Apply Now

*Certain restrictions may apply. Subject to credit approval.

Reward points can be redeemed as a cash deposit to a checking or savings account or as a statement credit to your credit card account. First purchase bonus points will be applied 6 to 8 weeks after first purchase and are not awarded for balance transfers or cash advances. The creditor and issuer of these Cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc., MasterCard International Incorporated, and American Express. MasterCard is a registered trademark of MasterCard International Incorporated. American Express is a federally registered service mark of American Express.

Curious what we can do for your business?

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Bank | Wealth

West Fargo, ND

210 Sheyenne St

West Fargo, ND 58078

Phone

Bank:
(701) 277-9258

 

Wealth:
(701) 282-3100

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Walhalla, ND

407 12th Street

Walhalla, ND 58282

Phone

Bank:
(701) 549-3761

Insurance:
(701) 549-3761

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 4:30PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Steele, ND

115 Broadway E

Steele, ND 58482

Phone

Bank:
(701) 475-2301

Insurance:
(701) 475-2360

Lobby Hours

Monday – Friday
9:00AM – 4:30PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Bank

Medina, ND

101 Second Avenue SW

Medina, ND 58467

Phone

Bank:
(701) 486-3184

Lobby Hours

Monday – Friday
8:30AM – 4:00PM

Bank | Insurance

Langdon, ND

210 Eighth Avenue

Langdon, ND 58249

Phone

Bank:
(701) 256-2141

Insurance:
(701) 256-2101

Lobby Hours

Monday – Friday
8:30AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

LaMoure, ND

119 South Main Street

LaMoure, ND 58458

Phone

Bank:
(701) 883-8282

Insurance:
(701) 883-7777

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Monday – Friday
8:00AM – 4:30PM

Bank | Wealth

Grand Forks, ND

4501 S Washington Street

Grand Forks, ND 58201

Phone

Bank:
(701) 738-4300

Wealth:
(701) 738-4330

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
8:00AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Wealth

Grand Forks, ND

1697 S 42nd Street

Grand Forks, ND 58201

Phone

Bank:
(701) 746-6010

Wealth:
(701) 775-8666

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
8:00AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank | Insurance

Grafton, ND

645 Hill Avenue

Grafton, ND 58237

Phone

Bank:
(701) 352-0242

Insurance:
(701) 352-0242

Lobby Hours

Monday – Friday
8:00AM – 4:00PM

Drive-up Hours

Saturday
9:00AM – 12:00PM

Insurance | Wealth

Fargo, ND

3050 Sienna Drive S

Fargo, ND 58104

Phone

Insurance:
(701) 356-9895

 

Wealth:
(701) 282-3100

 

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Bank | Insurance

Fargo, ND

4501 23rd Avenue S

Fargo, ND 58104

Phone

Bank:
(701) 356-9700

Insurance:
(701) 356-9895

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 12:00PM

Bank

Ellendale, ND

83 Main Street

Ellendale, ND 58436

Phone

Bank:
(701) 349-8282

Lobby Hours

Monday – Friday
8:00AM – 4:30PM

Bank | Insurance | Wealth

Dickinson, ND

323 18th Street W

Dickinson, ND 58601

Phone

Bank:
(701) 258-3300

Insurance:
(701) 483-1864

Wealth:
(701) 456-3390

Lobby Hours

Monday – Friday
8:30AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 5:30PM

Saturday
8:30AM – 12:30PM

Bank | Insurance | Wealth

Bismarck, ND

207 E Front Ave

Bismarck, ND 58504

Phone

Bank:
(701) 258-3300

Insurance:
(701) 224-7044

Wealth:
(701) 250-5126

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 1:00PM

Bank | Insurance

Bismarck, ND

1313 Skyline Boulevard

Bismarck, ND 58503

Phone

Bank:
(701) 224-9200

Insurance:
(701) 250-8395

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Drive-up Hours

Monday – Friday
7:30AM – 6:00PM

Saturday
9:00AM – 1:00PM

Wealth

Beulah, ND

117 Highway 49 N

Beulah, ND 58523

Phone

Wealth:
(701) 873-4117

Lobby Hours

Tuesday
9:00AM – 4:00PM

Bank | Insurance

Belfield, ND

201 Main Street N

Belfield, ND 58622

Phone

Bank:
(701) 575-8282

Insurance:
(701) 575-8178

Lobby Hours

Monday – Friday
8:30AM – 4:30PM

Drive-up Hours

Monday – Friday
8:00AM – 5:00PM

Bank

Roseville, MN

2100 W County Road C

Roseville, MN 55113

Phone

Bank:
(651) 900-8888

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Brett Lawrence

VP & Commercial Loan Officer

612-524-5856

Boyd Malo

VP & Commercial Loan Officer

612-524-5857

Nate Urfer

Location President

612-524-5858

Kevin Doyle

VP & Commercial Loan Officer

763-398-5813

Bank

Eagan, MN

2640 Eagan Woods Drive

Eagan, MN 55121

Phone

Bank:
(651) 289-2222

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Charles Bauman

Commercial Loan Officer

651-289-2231

Rosie Davis

VP & Cash Management Officer

651-289-2223

Bryan Frandrup

VP & Commercial Loan Officer

651-289-2232

Stephanie Hansen

SVP, Chief Deposit & Cash Management Officer

651-289-2226

Colleen Karst

NMLS #486231

VP & Mortgage Loan Officer

(651) 289-2221

Dan McCarvel

VP & Commercial Loan Officer

651-289-2235

Dion Muchow

Location President

651-289-2230

Steve Peterson

SVP & Commercial Loan Officer

651-289-2236

Bank

Golden Valley, MN

6210 Wayzata Boulevard

Golden Valley, MN 55416

Phone

Bank:
(763) 398-3333

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Team Members

Abbi Deringer

VP & Cash Management Officer

763-398-5811

John Fritz

Location President

763-398-5824

Kriss Griebenow

SVP & Commercial Loan Officer

763-398-5822

Brett Howells

Commercial Lender

763-210-7735

Colleen Karst

NMLS #486231

VP & Mortgage Loan Officer

(651) 289-2221

Cristen Purdy

VP & Commercial Loan Officer

763-398-5817

Chris Young

SVP & SBA Program Manager

763-398-5815

Bank

Bloomington, MN

4470 W 78th Street Circle

Bloomington, MN 55435

Phone

Bank:
(952) 830-9999

Lobby Hours

Monday – Friday
9:00AM – 5:00PM

Jeff Elden

VP & Commercial Loan Officer

952-837-0662

Mark Haug

Location President

952-837-0663

Jerry Hentges

VP & Commercial Loan Officer

952-837-0692

Rob Olson

VP & Commercial Loan Officer

952-837-0683

Patty Pawlik

VP & Cash Management Officer

952-837-0673

Bob Rausch

VP & Commercial Loan Officer

952-837-0664

Phouvieng Sivilay

VP & Commercial Loan Officer

952-837-0674

Pang Xiong

Cash Management Officer

952-837-0684