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November 15, 2024  
 
 
  Business Loan Information  
 

Business Loan Preston, Minnesota

 
Loan Census SBA Loan Info

I need a loan for my business in Preston, Minnesota! If that's what's on your mind, you've come to the right place.

These materials were prepared for entrepreneurs in Preston, Minnesota who are interested in getting a bank loan.

Local Preston Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Preston.

Small Business Bank Recent SBA Loans
F & M Community Bank  
F&m Commun Bank 5

Other Lending Resources for Preston Businesses

Be sure to speak with bankers outside of Preston, Minnesota. These banks, in the table below, have lent to other Preston 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
Capital One
Mclean, VA
1
First State Bank
Fountain, MN
2
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Preston

Getting a bank loan is one of the most common sources of funding for a small business, but finding financing 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 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 small business financing available.

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

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Only Idiots Send Venture Capitalists Business Plans.

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