If you are looking for a small business loan and your business is based in Brainerd, Minnesota, we've assembled a list of local small business banks that you should contact.
Local Brainerd Lenders
Without further adieu, here's our list of small business banks in Brainerd.
SBA Lenders for Brainerd Businesses
Be sure to speak with bankers outside of Brainerd, Minnesota. These banks, in the table below, have lent to other Brainerd small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Small Business Bank |
Recent SBA Loans |
1st National Bank - Deerwood
Deerwood, MN |
3 |
Amer National Bank - Minnesota
Baxter, MN |
3 |
Bremer Bank
Grand Forks, ND |
2 |
Bremer Bank
Saint Cloud, MN |
1 |
Capital One
Mclean, VA |
4 |
First Federal Savings Bank
Baxter, MN |
4 |
Lakewood Bank
Baxter, MN |
3 |
Northern National Bank
Baxter, MN |
1 |
St. Stephen State Bank
Saint Stephen, MN |
1 |
Stearns Bank
Saint Cloud, MN |
2 |
U.S. Bank National Association
Cincinnati, OH |
4 |
Wachovia SBA Lending, Inc.
Roseville, CA |
1 |
Wells Fargo Bank
Duluth, MN |
1 |
Wells Fargo Bank
Minneapolis, MN |
7 |
Wells Fargo Bank
Rochester, MN |
1 |
Wells Fargo Bank
San Jose, CA |
7 |
Wells Fargo Bank
Sioux Falls, SD |
1 |
Brainerd Bank Loan Tips
Borrowing money is one of the most common sources of funding for a small business, but securing debt financing is not a slam dunk.
Improve your odds by talking to as many banks as possible.
When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.
By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best rate on a small business loan.
Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
Gaebler.com Advice on Raising Money
Gaebler.com is a site that is all about helping entrepreneurs, and we have a
lot of information pertaining to to Raising
Money. If you want to learn about raising money, one article that might be of interest to you is 504 Loans.
Business Loan Sources for Other Cities in Minnesota
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