We wrote this article for small business proprietors in Foley, Minnesota who are interested in getting a bank loan.
Local Foley Business Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Foley.
SBA Lenders for Foley Businesses
Be sure to speak with bankers outside of Foley, Minnesota. These banks, in the table below, have lent to other Foley small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Foley Business Loan Advice
Borrowing money is one of the most common sources of funding for a small business, but getting a loan requires a fair amount of work.
It's always a good idea to talk 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 better loan terms than others.
By meeting with 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 possible small business loan.
Remember, before contacting lenders, 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
If you are new to our Gaebler.com site, you should know that we are dedicated to helping small business owners, and we have a
lot of useful articles about to Raising
Money. If you want to learn about raising money, we recommend you read 504 Loans.
Business Loan Sources for Other Cities in Minnesota
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