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.


store icon

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


building icon

Finance your residential investment properties with SPIRE.


cogwheel icon

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


food truck icon

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


renewable energy icon

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


loan icon

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

Paycheck Protection Program Loans

At SPIRE, we care and know you may have questions about the next phase of the Paycheck Protection Program (PPP).  Congress recently passed a relief package that re-opens the existing PPP program.

SPIRE is now accepting new PPP applications through our digital portal.

PPP Loans Through SPIRE

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.


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

Take the Next Step

Call us

phone icon
Have questions? We are here to help.
888.34.SPIRE or 651.215.3500

Email Us

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

Visit Us

locator icon
Open an account in person at your local SPIRE branch.

Scroll to the top