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Conventional commercial loans now at 2.99% APR for a limited time!*

Work with a team dedicated to making your goals a reality.  Whether you’re considering a COMMERCIAL REAL ESTATE LOAN or an EQUIPMENT FINANCING LOAN, Lake Area Bank has customized options for just about any purpose.

We’re ready to start the conversation and set you on track for a finish line to success.

Commercial Real Estate  |  Equipment Financing

Let’s Start the Conversation

2.99% APR*

Eligible on:
– Commercial Real Estate Loans
– Equipment Financing Loans

Flexible Terms & Quick Decisions
Loans Customized to Your Business & Competitive Rates
Hands On Approach & Community Focused

Commercial Real Estate

Experience a commercial real estate loan customized to you and your business. At Lake Area Bank, you’ll enjoy…

  • Fixed Rates up to 15 Years
  • Amortizations up to 25 Years**
  • Competitive Rates

We offer business solutions customized to you!

  • Business loans to finance long-term investment real estate
  • Interest-only terms for new construction or renovation projects
  • Flexible terms and creative options based on each unique need
  • Borrowing in an LLC, corporation or individual owner names

** Amortize up to 25 years on a 10-year fixed loan. Amortize up to 20 years on a 15-year fixed loan.

Equipment Financing

Get the latest technology and take advantage of unique equipment financing options structured with input from companies like yours. Featuring…

  • 100% Financing^
  • Fixed Rates Up to 7 Years

Reasons to Finance Equipment for your Business:

  • Save your cash for other areas of your business such as R & D, expansion or improvements.
  • Improve productivity and efficiencies by replacing outdated & maintenance-heavy equipment.
  • Potential tax benefits.^^ A loan may provide for a 100% write off of the equipment in the year purchased.
  • Accelerate your Return on Income with smaller payments versus one lump sum while your equipment generates revenue.

^Financing up to 100% of purchase price or value up to $500,000. Subject to underwriting and verification.
^^Lake Area Bank is not a tax consultant. Please refer to IRS section 179 for qualifications or consult your tax advisor.

Get Your Commercial Loan Application Started Today!

CALL US

Contact a Business Banker at one of our bank locations.

Jake Johnson, Business Banker
612-247-7112

Rita Pechmann, Business Banker
651-762-3564

Sheryl Campbell, Business Banker
651-213-0220

Tony Cavallaro, Business Banker
651-430-9518

Jim Herbert, Business Banker
651-430-9522

John Poirier, Small Business Banker
612-259-0525

EMAIL US

Complete the form above and a banker will get in touch with you shortly.

* New money only. Loans up to $500,000. Introductory Annual Percentage Rate (APR) of 2.99% in effect for the first 12-18 months based on terms. Thereafter, based on original quoted rate at time of closing. Offer eligible on 7-15 year conventional commercial loans. Rates, terms, & conditions effective as of 05/01/2021 for applications received 05/01/2021 to 12/31/2021. Equipment financing up to 100% of purchase price or value up to $500,000. Subject to underwriting and verification. Lake Area Bank reserves the right to discontinue introductory rate. 

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Lake Area Bank is a proud Equal Opportunity Employer.

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