Empowering small businesses to grow
Focused on your unique needs, our financial solutions help small businesses succeed in a competitive market.
Starting and growing a business comes with many challenges. Our financial tools and services are designed to help you manage cash flow, plan for growth, and streamline daily operations. Whether you’re just starting out or expanding, we’re here to provide the support needed for long-term success.
Business Checking and Savings Accounts
Simplify your finances with flexible accounts tailored to small business needs.
Business Checking
Small Business Loans and Lines of Credit
Access the funds needed for expansion, equipment purchases, or working capital.
Credit and FinancingFrequently Asked Questions
What do I need to open a business checking account?
To open a business checking account, you will need to provide identification, your business tax identification number, and legal business documents such as your articles of incorporation or business license.
Are there monthly maintenance fees?
Monthly maintenance fees vary by account type. Some accounts waive the fee if a minimum balance is maintained.
How can I open a business checking account?
You can easily open a business checking account by visiting an Alerus location or you can start the process online. Our business banking specialists are also available to help you choose the right account for your needs.
What tools are available to help manage cash flow?
Alerus provides a suite of treasury management services, including cash flow analysis, receivables and payables solutions, fraud prevention tools like Positive Pay, and liquidity management to help your business run smoothly. Visit our Treasury Services page for more information.
