Commercial Loans

Virtually any business purpose can qualify for a Small Business Administration (SBA) guaranteed loan, including:

• Commercial real estate purchase
• Construction
• Business acquisition or expansion
• Equipment/Inventory purchase
• Refinance
• Working Capital

SBA Loans

Key advantages a SBA loan offers your business:

• Up to 90% loan - to - value
• Up to $4 million available
• Up to 25 - year, fully amortized terms
• No balloon payments
• Broker cooperation

Qualifying for an SBA Loan
SBA Real Estate Loans -

The buyer must be an owner - user occupying a minimum of 51% of an existing structure, or 60% of newly constructed buildings. Qualified properties include:

• Free standing industrial & commercial buildings
• Office, medical and industrial condominiums
• Hotels & Motels
• Improvements on leased land
• Restaurants
• Franchise specialty buildings
• Steel buildings

SBA Non-Real Estate Loans

• Financing for most business uses
• Terms of 7 to 10 years
• Proceeds used for working capital, inventory, equipment, business acquisition, debt refinancing

Call or stop in today to speak with one of our friendly lending professionals, and let them help you finance your venture with an SBA loan:

Jeff at (218) 732-7221
Tammy (320) 358-0800

Online Deposit

How Northwoods Online Deposit Works:
We provide your business with a desktop check scanner. Checks for deposit are scanned and their images are captured on the computer. After verifying the images and balances, everything is transmitted via the Internet and a secure file transfer. Lastly your deposit is credited to your account. It's that fast and simple.

With Northwoods Online Deposit You Can:

• Eliminate the need to drive to the bank to deposit your checks - Saves you time, travel expenses. It also increases employee productivity and customer service.
• Make your deposits sooner and more frequently - Accelerate your funds availability.
• 24/7 Banking - Make check deposits every day of the year, anytime, day or night.
• One bank to serve multiple offices - Maintain a Northwoods Bank relationship regardless of where your office is physically located. From Anchorage Alaska to Zephyrhills Florida and everywhere in between, you can still make deposits at Northwoods Bank, the same as if you were located just down the street.

Northwoods Online Deposit Features:

• Provides automatic rebalancing
• Detects duplicate items
• Provides quick image retrieval and archiving
• Information is protected by secure firewalls and transmits data in encrypted form

To learn more about the convenience and money saving benefits of Northwoods Online Deposit please call 218-732-7221 or 1-800-450-2265.