Bank Forward provides a range of business loans to qualifying applicants, addressing various needs such as working capital, inventory or equipment purchases, expansion, and operating lines of credit. Repayment terms are customizable to align with the business cycle, and the bank offers credit analysis in easy-to-read reports.
For real estate solutions, Bank Forward offers financing for business acquisitions, construction, and development. The bank collaborates with SBA loan programs, including 7(a) loans, Express SBA Lending, and SBA 504 Real Estate/machinery funding.
As a preferred lender with the Farm Service Agency, Bank Forward provides guaranteed lending for agriculture. The bank also collaborates with USDA Rural Development, Bank of North Dakota, and the Department of Commerce for various loan program needs for business customers.
Bank Forward supports new farmers by working closely with Bank of North Dakota and the Farm Service Agency to offer low-interest rates and minimal down payments on purchases of land, equipment, and operating capital related to farming.
The bank offers financial packages that provide easy-to-read reports showcasing trends in the financial position of businesses. Additionally, Bank Forward provides advanceMate, allowing pre-approved advances from operating lines for extra funds, and CheckMate, a pre-approved line of credit for additional funds in checking accounts and overdraft protection.