Business Loans

At The Bank of Tioga, we believe that a community is only as strong as its businesses, and we are here for you. Whether you're looking to start a business, make a capital purchase, or need to manage your cash flow, we're ready to be your financial partner.

Why choose The Bank of Tioga? 

We will work alongside you to ensure you have the necessary resources to succeed.

  • Competitive low rates
  • Customized payment plans
  • Local processing and decision-making
  • Experienced lenders you can trust
  • Friendly, attentive service

What business loan options are available?

There are several types of business loans:

  • Equipment
  • Inventory
  • Business development
  • Working capital
  • Construction
  • Real estate

How do business owners use these types of commercial loans?

Our commercial clients use a business loan for the following reasons:

Equipment Loans

When you're ready purchase or upgrade equipment, we're ready to discuss your financing options. We finance equipment across many industries, including oilfield, manufacturing, construction, retail, hospitality and more.

Inventory Loans

Whether you adjust inventory for seasonal needs, or simply need to maintain adequate inventory levels, an inventory loan will help you stay prepared to meet your customer's demands.

Business Development Loans

We have the ability to tap into state resources to guide your business development. We can partner with Small Business Administration (SBA) and Bank of North Dakota (BND) for various loan programs that may suit your business development needs.

Working Capital Loans

Flexible, short-term, asset-based financing can help you manage your cash flow. Have readily available financing for when you need it and only use what you need.

Real Estate Loans

Purchase, refinance or construct your commercial property with a local, community-minded bank where processing and decision-making is kept local. Our lenders are familiar with the local real estate market and will work with you to provide financing options that meet your needs. We finance real estate across many industries, including professional offices, storage units, manufacturing, retail, hospitality, multi-family, 1-4 family investment property and more. 

What might I need to get a business loan?

Your lender will ask you to fill out an application that you can request below. For your convenience, you have the ability to fill out the application electronically or you can print it off to complete. Additionally, you may be asked to provide historical tax returns, financial statements, a description of any collateral offered to secure the loan, among other information to assist in underwriting the financing request. 

How do I apply for a business loan? 

Simply fill out this short form and a lender will contact you. Additionally, once you complete the form, you will be able to download our PDF application so you can get started on your own before a lender reaches out to you. 

Our lenders are available to guide you through this process. Feel free to give us a call, send us an email or stop by one of our locations to get the process started.

Wendy Lenzen, VP of Business and Consumer Banking

"I love working with my clients to achieve their goals, whether that is starting a small business, buying their first home or purchasing their first vehicle. I am committed to ensuring my clients are provided with high level customer service along with local financing and decision making to create an efficient and convenient experience and most importantly, a long lasting relationship."

Contact Wendy: 701.664.3388


DO MORE with your money at The Bank of Tioga

At The Bank of Tioga, we IGNITE PROSPERITY® by helping our clients do more with their money. Whether it’s saving a little extra cash each month or accomplishing a long-term strategy, our goal is to help you transform your financial life. Call and schedule an appointment today, one of our team members would love to help you do more with your money at The Bank of Tioga. The Bank of Tioga has two locations in North Dakota. For more information visit, call 701.664.3388 in Tioga or 701.965.6333 in Crosby. #igniteprosperity

All loans are subject to credit approval.