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November 21, 2024  
 
 
  Business Loan Information  
 

Business Loan Saint Michael, Minnesota

 
Loan Census SBA Loan Info

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

These materials were prepared for small business owners in Saint Michael, Minnesota who are interested in getting debt financing.

Local Saint Michael Business Lenders

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

Small Business Bank Recent SBA Loans
Central Bank  
Great Northern Bank 11
Highland Bank 126

Banks that Lend to Saint Michael Businesses

Banks outside of Saint Michael will often lend to entrepreneurs in Saint Michael, MN. Here's a list of out-of-area banks that have recently made loans to Saint Michael 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
Capital One
Mclean, VA
1
Horizon Bank
Pine City, MN
1
U.S. Bank National Association
Cincinnati, OH
2
Wells Fargo Bank
Minneapolis, MN
1

Tips for Getting a Business Loan in Saint Michael

It's only a matter of time.

"I need a small business loan!" you'll think to yourself.

Maybe you need a $30,000 small business loan to upgrade your business. Perhaps you need a $100,000 business loan to open up new offices on the other side of the country.

It's time to introduce yourself to a small business lender in Saint Michael.

Sure, there are other ways to raise money: loans from people you know, equity financing, and merchant credit card loans, to name a few.

But, at the end of the day, getting a bank loan from a bank is often the the best method for a small business to secure capital to fund growth plans.

Gaebler.com Advice on Raising Money

If you are planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Realistic Debt Financing Options.

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