If you are planning on applying for a small business loan and your business is based in Hugo, Minnesota, we've put together a list of local small business banks that you should contact.
Local Hugo Banks
Without further adieu, here's our list of small business banks in Hugo.
Small Business Bank |
Recent SBA Loans |
Express ATM Services |
|
Lake Area Bank |
|
LINO Lakes State Bank |
|
Main Street Bank |
|
Mainstreet Bank |
|
SBA Lenders for Hugo Businesses
Banks outside of Hugo will often lend to entrepreneurs in Hugo, MN. Here's a list of out-of-area banks that have recently made loans to Hugo entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Minnesota or from out of state.
Small Business Bank |
Recent SBA Loans |
Associated Bank
Minneapolis, MN |
1 |
Bremer Bank
Saint Louis Park, MN |
1 |
Bremer Bank
South Saint Paul, MN |
3 |
Capital One
Mclean, VA |
1 |
Capital One Bank (usa)
Glen Allen, VA |
1 |
Central Bank
Stillwater, MN |
1 |
Comerica Bank
Dallas, TX |
1 |
Community National Bank
North Branch, MN |
1 |
Drake Bank
Saint Paul, MN |
1 |
Lake Area Bank
Forest Lake, MN |
1 |
Landmark Commun Bank
Isanti, MN |
1 |
Mainstreet Bank
Forest Lake, MN |
1 |
Merchants Bank
Winona, MN |
1 |
North American Banking Company
Roseville, MN |
1 |
Premier Bank
Maplewood, MN |
2 |
U.S. Bank National Association
Cincinnati, OH |
13 |
Wells Fargo Bank
San Jose, CA |
1 |
Hugo Bank Loan Tips
When your business is growing, it's going to happen.
"I need a small business loan!" you'll say.
Maybe you need a $20,000 small business loan to expand into a new facility. Perhaps you need a $100,000 business loan to buy some new equipment.
It's time to introduce yourself to a small business lender in Hugo.
Sure, there are other sources of small business funding: borrowing family money, equity financing,
and merchant credit card loans, to name a few.
But, when all is said and done, finding a loan from a small business banker is often the easiest way for a small business to get cash in a hurry to meet short-term business objectives.
Gaebler.com Advice on Raising Money
Gaebler.com is a site that is devoted to aiding entrepreneurs, and we have a
lot of resources related to to Raising
Money. If raising money is on your to-do list, we would suggest you read How Equity Dilution Works.
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