We wrote this article for small business owners in Sauk Centre, Minnesota who are interested in getting debt financing.
Local Sauk Centre Business Loan Sources
Without further adieu, here's our list of small business banks in Sauk Centre.
Banks that Lend to Sauk Centre Businesses
Be sure to speak with bankers outside of Sauk Centre, Minnesota. These banks, in the table below, have lent to other Sauk Centre 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 |
1st National Bank - Osakis
Osakis, MN |
1 |
Bremer Bank
Saint Cloud, MN |
3 |
Central Minnesota Fcu
Melrose, MN |
1 |
Freeport State Bank
Freeport, MN |
1 |
Heritage Bank
Spicer, MN |
2 |
Innovative Bank
Oakland, CA |
1 |
Merchants Bank
Winona, MN |
1 |
North American State Bank
Belgrade, MN |
1 |
Stearns Bank
Saint Cloud, MN |
3 |
U.S. Bank National Association
Cincinnati, OH |
1 |
Wadena State Bank
Wadena, MN |
1 |
Sauk Centre Business Loan Advice
Getting a bank loan is one of the most common sources of funding for a small business, but securing debt financing is not a slam dunk.
Improve your odds by talking to as many banks as possible.
When getting 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 a better deal than others.
By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get very competitive loan terms.
Remember, before contacting lenders, 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 planning on Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
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