Commercial Lending


An unconventional approach to conventional loans.

As the premier lender in the Twin Cities, Bridgewater is preferred by savvy entrepreneurs who value creativity, flexibility and moving quickly. Why not work with a local partner to get your project off the ground? 

Commercial Real Estate

We understand that flexibility and creativity can make all the difference. 

Acquisition Financing

Need capital for acquisition purposes? A partnership with Bridgewater makes it possible.
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Affordable Housing

Need comprehensive yet simple solutions to get your affordable housing project off the ground?
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Commercial Real Estate

Looking to acquire a new commercial property or refinance an existing one?
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Construction Loans

Building a home or renovating an existing property? A construction loan is for you.
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Long-Term Multifamily Financing

Planning to refinance your multifamily project or acquire an investment property?
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Letter of Credit

Bridgewater provides a promise to pay.
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Commercial & Industrial

We recognize the importance of finding flexible solutions for your business. 

Letter of Credit

Bridgewater provides a promise to pay.
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SBA Lending

Let Bridgewater be your partner of choice with loans guaranteed by the Small Business Administration.
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Working Capital Loans

In need of cash to keep your business growing until revenue increases?
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The best in the business.

Meet the best in Twin Cities' commercial lending.

Image of Bridgewater team member, Andrew Bates.

Andrew Bates

Senior Vice President Construction Lending

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Image of Bridgewater team member, John Callahan.

John Callahan

Vice President Commercial Lending

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Image of Bridgewater team member, Pat Clemens.

Pat Clemens

Vice President Construction Lending

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Image of Bridgewater team member, Patrick Craig.

Patrick Craig

Senior Vice President Commercial Lending

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Image of Bridgewater team member, Pat Cullen.

Pat Cullen

Managing Director Commercial Lending

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Image of Bridgewater team member, Adam Erickson.

Adam Erickson

Senior Vice President Commercial Lending

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Image of Bridgewater team member, Tony Ferraro.

Tony Ferraro

Managing Director Commercial Lending

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Image of Bridgewater team member, Tom Johnson.

Tom Johnson

Senior Vice President Construction Lending

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Image of Bridgewater team member, Tyler Manning.

Tyler Manning

Senior Vice President Commercial Lending

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Nick Place

Nick Place

Chief Lending Officer

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Image of Bridgewater team member, Dan Poppe.

Dan Poppe

Senior Vice President Senior Lending Officer

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Image of Bridgewater team member, Lynn Roth.

Lynn Roth

Vice President Commercial Lending

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Jeff Shellberg

Jeff Shellberg

Executive Vice President and Chief Credit Officer, Director

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Image of Bridgewater team member, Ross Wieser.

Ross Wieser

Senior Vice President Commercial Lending

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Image of Bridgewater team member, Cassie Laurvick.

Cassie Laurvick

Portfolio Manager

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Image of Bridgewater team member, Mark Furniss.

Mark Furniss

Portfolio Manager

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Image of Bridgewater team member, Matt Batinich.

Matt Batinich

Assistant Vice President Commercial Lending

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Image of Bridgewater team member, Nick Bellestri.

Nick Bellestri

Assistant Vice President Commercial Lending

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Image of Bridgewater team member, Tom Grotbo.

Tom Grotbo

Senior Vice President Commercial Lending

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Image of Bridgewater team member, Ross Briggs.

Ross Briggs

Portfolio Manager

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Brian OBrien

Brian OBrien

Portfolio Manager

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Tyler Davis

Tyler Davis

Portfolio Manager

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Michael Atherley

Michael Atherley

Senior Vice President Commercial Lending

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Andrew Bates

Senior Vice President Construction Lending


What makes Bridgewater unconventional: "A bank for entrepreneurs founded by entrepreneurs. We don't just understand our clients' needs, we anticipate them."

Specialty: Multifamily Lending

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John Callahan

Vice President Commercial Lending


What makes Bridgewater unconventional:
"We are constantly moving forward for our clients. We're never satisfied with where we're at and I wouldn't want it any other way."

Specialty: Multifamily Lending

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Pat Clemens

Vice President Construction Lending


What makes Bridgewater unconventional: "While many things comprise BWB’s unconventional nature, my own contribution lies in my uncommon path to becoming a lender after previously being among the earliest clients of the bank as a real estate investor, builder, realtor, and property manager."

Specialty: Construction Lending

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Patrick Craig

Senior Vice President Commercial Lending


What makes Bridgewater unconventional: "Bridgewater's creativity and willingness to think “outside the box” is what separates us from traditional Big Banks."

Specialty: Multifamily Lending

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Pat Cullen

Managing Director Commercial Lending


What makes Bridgewater unconventional: "We understand our clients' needs and move quickly. The lending process at Bridgewater is streamlined and uncomplicated."

Specialty: Commercial Real Estate

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Adam Erickson

Senior Vice President Commercial Lending


What makes Bridgewater unconventional: "Open-minded leadership fueled by a can-do spirited team. Our clients notice the difference."

Specialty: C&I Lending

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Tony Ferraro

Managing Director Commercial Lending


What makes Bridgewater unconventional: "Bridgewater does things differently. When everyone else is going one way, we go the other and see things from a new perspective."

Specialty: C&I Lending

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Tom Johnson

Senior Vice President Construction Lending


What makes Bridgewater unconventional: "Banking and lending can be cumbersome. At Bridgewater, we're dedicated to simplifying the client experience."

Specialty: Construction Lending

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Tyler Manning

Senior Vice President Commercial Lending


What makes Bridgewater unconventional: "We are able to understand deals quickly and offer seamless execution from initial meeting to loan closing by taking a common-sense approach to lending."

Specialty: Multifamily Lending

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Nick Place

Chief Lending Officer

Nick serves as Chief Lending Officer and has been with Bridgewater Bank since 2007. He oversees a talented team of lenders and an active portfolio of loans. Nick is actively engaged in loan originations, primarily focusing on real estate lending in the Twin Cities. He has been instrumental in strategically developing specialty loan products in response to market demands.

Nick currently serves on the boards of Rethos Places Reimagined and Minnesota Housing Partnership and is often a guest speaker on numerous commercial real estate panels throughout the Twin Cities.

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Dan Poppe

Senior Vice President Senior Lending Officer


What makes Bridgewater unconventional: "It's the people that make up the Bridgewater experience. We take the time to get to know our clients and never have a one size fits all approach to anything."

Specialty: Commercial Real Estate Lending

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Lynn Roth

Vice President Commercial Lending


What makes Bridgewater unconventional: "Flexibility. Local decision making. Responsive. It’s as simple as that."

Specialty: C&I Lending

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Jeff Shellberg

Executive Vice President and Chief Credit Officer, Director

Jeff is a founder of the Company and founding director of the board. He has worked in the regulatory and commercial banking industry for over 35 years. As Executive Vice President and Chief Credit Officer, Jeff is responsible for all aspects of the Bank’s credit policies. He currently chairs the loan and credit committees and plays an integral role in credit actions on the Bank’s largest lending relationships.

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Ross Wieser

Senior Vice President Commercial Lending


What makes Bridgewater unconventional: "Not only are new ideas and approaches to banking accepted, they're encouraged."

Specialty: Multifamily Lending

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Cassie Laurvick

Portfolio Manager


What makes Bridgewater unconventional: "BWB is constantly evolving to anticipate our clients' wants and needs."

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Mark Furniss

Portfolio Manager


What makes Bridgewater unconventional: "
We provide what many other banks cannot offer: creative loan structures and local decision making, while providing a simplified on-boarding process and the ability to close quickly."

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Matt Batinich

Assistant Vice President Commercial Lending


What makes Bridgewater unconventional?
“We have a knowledgeable and creative team that welcomes the 'out of the box' opportunity and moves quickly to structure a package best suited for our clients' needs.”

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Nick Bellestri

Assistant Vice President Commercial Lending


What makes Bridgewater unconventional:
"We go above and beyond serving our clients through unparalleled focus and dedication - offering smart tailored solutions with local decision making."

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Tom Grotbo

Senior Vice President Commercial Lending


What makes Bridgewater unconventional: "Our dedicated team members make lending easy for our clients with sensible and quick decisions."

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Ross Briggs

Portfolio Manager
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Brian OBrien

Portfolio Manager


What makes Bridgewater unconventional: “We are a relationship-based bank first and provide our clients with one of the industry's most efficient loan delivery processes.”

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Tyler Davis

Portfolio Manager


What makes Bridgewater unconventional:

“Bridgewater’s commitment to establishing, building, and growing relationships with its clients is unmatched in today's banking world."

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Michael Atherley

Senior Vice President Commercial Lending

What makes Bridgewater unconventional:

"Founded by entrepreneurs for entrepreneurs, Bridgewater possesses a unique strength in understanding our clients' needs and providing the level of service and financing our clients deserve."

Commercial Lending FAQs

Contact one of our dedicated Commercial Lenders listed above to find out which solution best meets your needs.  

Is Bridgewater Bank an SBA Preferred lender? 

Yes. As an SBA Preferred Lender, Bridgewater Bank offers a variety of loans guaranteed by the Small Business Administration (SBA).

What commercial real estate financing solutions does Bridgewater Bank offer? 

From Acquisition Financing to Long-Term Multifamily Financing, we offer a variety of financing solutions to meet your real estate investing needs.  

Does Bridgewater Bank offer term loans? 

Bridgewater Bank offers a variety of term loans including short-term, intermediate-term and long-term.  

Does Bridgewater Bank offer Commercial & Industrial Loans? 

Yes. Bridgewater Bank offers financing solutions for businesses of all sizes and industries. These flexible solutions include Letter of Credit, SBA Lending, and Working Capital Loans.

Does Bridgewater Bank offer personal lending solutions?

Yes. Bridgewater Bank offers a wide range of loans to meet your personal lending needs. Click here for a full list of our personal lending solutions.

Ready for something
unconventional?