Valley Premier Bank

This is a community-focused bank offering SBA loan programs and personalized financial services to small businesses in the region. You can find assistance with funding expansion, equipment purchases, and refinancing needs. The bank emphasizes tailored support to help local entrepreneurs succeed.

It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-in consultations may also be available during business hours.

Valley Premier Bank's lobby operates Monday through Friday, 9:00 am to 5:00 pm at both Hawley and Moorhead locations, with extended drive-up hours 7:30 am to 6:00 pm weekdays and 8:00 am to 12:00 noon Saturdays. Please confirm with Valley Premier Bank directly.

There are fees associated with SBA loans, including origination and processing fees, which vary depending on the loan specifics.

This bank primarily serves small business owners in the local region, but eligibility depends on meeting SBA and bank-specific criteria.

A minimum personal credit score of 620 is generally preferred for SBA loan eligibility.

The underwriting process typically takes between 30 to 45 days, depending on the completeness of documentation and loan complexity.

Valley Premier Bank is closed for lobby services on weekends but both branches offer Saturday drive-up service from 8:00 am to 12:00 noon. Confirm directly with the bank.

Valley Premier Bank is located in Minnesota — 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 Valley Premier Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Valley Premier Bank itself, which runs its own lending under its own ownership. If you work at Valley Premier Bank, you can claim this listing from this page to manage it.

The core details for Valley Premier 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 Valley Premier Bank before applying. If you represent Valley Premier Bank, claim this listing to keep its information up to date.

You can reach Valley Premier Bank by phone at (218) 483-3361 or online at valleypremierbank.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 Valley Premier Bank before relying on them.

Like most SBA lenders, Valley Premier 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 Valley Premier 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 Valley Premier Bank participates in SBA Express depends on its specific SBA lending authority. Contact Valley Premier 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. Valley Premier 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. Valley Premier Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Valley Premier 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 Valley Premier 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 Valley Premier 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 Valley Premier 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. Valley Premier Bank weighs this case by case under its own policy, so be upfront about your history and ask Valley Premier Bank how it evaluates prior bankruptcies.