Horizon Financial Bank

This is a bank that offers SBA loan programs and small business financing solutions. You can find expert guidance and personalized support for securing funding to grow your business.

It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-ins may be accommodated depending on availability.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Appointments outside regular hours may be available upon request.

There are no fees for initial consultations; however, loan processing fees and interest rates apply based on the specific loan terms.

This bank primarily serves small businesses in the region, with lending eligibility based on creditworthiness and business qualification criteria.

A minimum personal credit score of 650 is generally required, though higher scores improve approval chances.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of application materials and loan complexity.

Most banks keep weekday business hours and are closed on weekends, and Horizon Financial Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Horizon Financial Bank to confirm current weekend availability before you go.

Horizon Financial Bank is located in North Dakota — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Horizon Financial Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Horizon Financial Bank itself, which runs its own lending under its own ownership. If you work at Horizon Financial Bank, you can claim this listing from this page to manage it.

The core details for Horizon Financial Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Horizon Financial Bank before applying. If you represent Horizon Financial Bank, claim this listing to keep its information up to date.

You can reach Horizon Financial Bank by phone at (701) 682-5331 or online at horizonfinancialbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Horizon Financial Bank before relying on them.

Like most SBA lenders, Horizon Financial Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Horizon Financial Bank directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Horizon Financial Bank participates in SBA Express depends on its specific SBA lending authority. Contact Horizon Financial Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Horizon Financial Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Horizon Financial Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Horizon Financial Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Horizon Financial Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Horizon Financial Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Horizon Financial Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Horizon Financial Bank weighs this case by case under its own policy, so be upfront about your history and ask Horizon Financial Bank how it evaluates prior bankruptcies.