We wrote this article for entrepreneurs in Saint Francis, Minnesota who are interested in getting a bank loan.
Local Saint Francis Lending Resources
To help you learn more about local small business lenders, here's our list of small business banks in Saint Francis.
Banks that Lend to Saint Francis Businesses
Banks outside of Saint Francis will often lend to entrepreneurs in Saint Francis, MN. Here's a list of out-of-area banks that have recently made loans to Saint Francis 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.
Tips for Getting a Business Loan in Saint Francis
We know exactly where you are at.
"I need cash for my business!" you'll think to yourself.
Maybe you need a $50,000 small business loan to launch a big advertising campaign. Perhaps you need a $200,000 business loan to acquire a competitor.
It's time to sit down with a small business banker in Saint Francis.
Sure, there are other sources of small business funding: borrowing money from investors, equity financing,
and merchant credit card advances, to name a few.
But, at the end of the day, obtaining a small loan from a local bank is often the easiest way for a small business to obtain financing to fund growth plans.
Gaebler.com Advice on Raising Money
Make the effort and learn as much as you can about Raising
Money. To get the ball rolling, we recommend you read
504 Loans.
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