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Business Equipment Loans

With the right tools, your business can do an even better job. Get financing for the equipment, machinery and vehicles you need to unlock the power of the latest technology and engineering updates - and to stay ahead of the competition.
Explore 6.79%* Financing

Modernize your facilities. Expand your capabilities. Business Equipment Loans make it possible.

 

Power tools for factories. Earth-moving equipment for Minneapolis contractors. Diagnostic devices for medical practices. Vehicle fleets for wholesalers in the Twin Cities and beyond. Whatever your industry, Citizens Independent Bank offers competitive rates and flexible terms on the big-ticket items you need to meet the demands of today's marketplace.

Benefits

  • Expand your productivity potential or replace outdated equipment
  • Competitive interest rates for new or used equipment, machinery, and vehicles
  • Loan decisions made here in the Minneapolis area
  • Attentive, friendly service throughout the application process
  • Choose fixed-rate or variable-rate loans
  • Spread out payments over the useful life of the asset being purchased
  • Customized terms, designed around your unique business needs



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Unlock the Power of a Local Banking Relationship.

Your business deserves more than a transaction. Connect with a team that takes the time to understand your goals and provide personalized guidance every step of the way.
















































*New Equipment or refinancing of non-CIB equipment loans only. Fixed rate up to 60 months, amortizing up to 84 months. Subject to credit and underwriting approval. Offer may change at any time without notice. Rate includes .25 discount for autopay from a CIB Business Checking account. Other restrictions may apply. Offer expires 11/30/26.
We provide business banking, personal banking, mortgage lending, and financial services to businesses and individuals across the western Twin Cities. Explore our local banking locations in Saint Louis Park, Robbinsdale, Hopkins, and Plymouth to find the branch most convenient for you.