Business Loans

SPIRE Business Loans

SPIRE offers a variety of loans to meet you where you are today and get you to where you want to be tomorrow.

Commercial

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SPIRE can help take your business goals to the next level.
Commercial Loans

Property

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Finance your residential investment properties with SPIRE.

Equipment

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Upgrade your business' equipment and machinery to meet your needs.
Equipment Loans

Vehicle

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Take your business on the road and meet your customers where they're at.
Vehicle Loans

Energy

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Save energy and increase profits with a SPIRE PACE loan.
PACE Loans

Credit

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Money when your business needs it with flexible terms.
Line of Credit

Business Loan Options

Commercial Real Estate

  • Competitive fixed and variable rates
  • Up to 25-years amortization
  • Low closing costs
  • Experienced team of commercial lenders
  • No prepayment penalties
  • Properties we finance: multi-family, retail, warehouses, industrial, office buildings, mixed use and residential rental properties.

Investment Property Real Estate

  • Up to 30-years amortization
  • ​Up to 80% LTV for purchased and straight term refinance (no cash out)
  • 70% LTV for a cash out refinance
  • Low closing costs
  • Competitive rates
  • Single family and 2-unit properties
  • 5 years, 7 years and 10 years fixed rates available

VIEW INVESTMENT PROPERTY RATES View Investment Property Rates icon

Equipment & Machinery

  • Competitive fixed and variable rates
  • Flexible financing up to 7-years
  • Minimum 20% down payment
  • Cross collateralization for equity down payment accepted
  • Low closing costs
  • Local decisions makers to work with

Business Vehicle Loans

  • Competitive fixed rates
  • Up to 5-year loan terms
  • Up to 95% financing
  • Minimum 5% down payment (or other form of collateral)
  • Low closing costs
  • Local decision makers

PACE Loans

Also known as Property Assessed Clean Energy, PACE is more than just a loan. It’s a tool to make energy saving investments affordable for commercial building owners. In fact, many SPIRE members are already leveraging PACE to save energy and increase profits. 

SPIRE has partnered with MinnPACE, the primary agent for PACE Financing in Minnesota.

Learn more about PACE Loans

Business Line of Credit

We offer competitive fixed or variable rates tied to Prime.  Secured or unsecured loans are available with payments determined by the loan balance.
We consider all types of collateral for higher loan amounts. Lines of credit are renewable every two years.

GET STARTED TODAY

Use our checklist to make sure you have everything you need to open your SPIRE business account.

Take the Next Step

Call us

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Have questions? We are here to help.
651.268.7750 or 888.34.SPIRE
Call SPIRE

Email Us

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Share with us where you're at and how we can help.
Email SPIRE

Visit Us

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Open an account in person at your local SPIRE branch.

 
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