Business Loans & Lines

At Forward Bank, we understand that every business has unique financial needs, and as a local community bank with expertise in commercial banking, we’re here to help businesses of all sizes grow and succeed. Whether you’re expanding, purchasing equipment, or simply need quick access to working capital, we offer a wide range of business loans and lines of credit tailored to meet your specific goals. Our local team in Wisconsin and Minnesota provides personalized support and flexible solutions, making sure your business is always moving forward.

Business Term Loans

Whether you’re expanding your business, purchasing new equipment, or acquiring real estate, our business term loans are designed to support your growth. With competitive rates and customized terms, we can provide the funding you need along with expert advice to help your plans come to life.

• Customized terms: Flexible payment options tailored to your business needs.
• SBA guaranty: Reduced risk on qualified loans for better terms.
• Flexible use: Suitable for equipment, real estate, working capital, or business expansion.
• Local servicing: Enjoy personalized support and expert advice from our team.

Business Lines of Credit

Our business lines of credit provide flexible access to funds when your business needs it most. Designed for businesses of all types, this revolving loan allows you to borrow, repay, and borrow again, giving you the financial flexibility to manage seasonal expenses, cash flow fluctuations, or unexpected costs. With local service, SBA-guaranteed options for qualified loans, and the ability to link to your business checking account, managing your finances has never been easier.

• Flexible repayment: Pay back funds as cash flow allows.
• Revolving credit: Re-access funds once they’re repaid.
• Linked to checking: Automatic overdraft protection for peace of mind.
• SBA guaranty: Reduced risk on qualified loans for favorable terms.

Government Guaranteed Loans

We have extensive experience working with government guaranty programs to help small businesses secure financing that might not be available through traditional means. These loans provide peace of mind and financial support, ensuring that even in challenging economic conditions, your business can thrive.

• 7(a) Loan Guaranty Program: The 7(a) Loan Guaranty Program is the Small Business Administration’s (SBA) primary loan program. This program allows lenders to provide financing to small businesses by reducing their risk, making it possible to fund businesses that may not qualify for conventional loans.
• SBA Express: Available for loans up to $350,000, the SBA Express program streamlines the lending process by allowing preferred SBA lenders, like Forward Bank, to use their own forms and procedures to speed up the approval process, making it quicker and easier to access the funds you need.
• SBA 504 Loan Program: The SBA 504 Loan Program supports economic development by providing long-term, fixed-rate financing for the purchase or renovation of capital assets such as land, buildings, and equipment. This program is ideal for businesses looking to expand or make major investments in their infrastructure.

Moving Your Business Forward

At Forward Bank, we believe in helping local businesses thrive. Our commercial banking team has the expertise to guide you through the loan process, ensuring you find the right financing options for your business goals. Whether you’re looking for a business term loan, a line of credit, or an SBA-guaranteed loan, our flexible products are designed to support your growth. And as a community-focused bank, we provide local, personalized service that larger institutions simply can’t match.

Contact our commercial banking experts to learn more about how we can help your business succeed. Let Forward Bank be the partner that helps your business grow and reach its full potential!