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November 21, 2024  
 
 
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Business Loan Saint Francis, Minnesota

 
Loan Census SBA Loan Info

Getting a business loan in Saint Francis, Minnesota seems challenging at first, but we're here to help you get started.

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.

Small Business Bank Recent SBA Loans
Village Bank 12

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.

Small Business Bank Recent SBA Loans
1st National Bank - Elk River
Elk River, MN
2
Capital One
Mclean, VA
1
U.S. Bank National Association
Cincinnati, OH
1

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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