If you are looking for a small business loan and your business is based in Sioux Falls, South Dakota, we've assembled a list of local small business banks that you should contact.
Local Sioux Falls Business Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Sioux Falls.
Lenders for Sioux Falls Businesses
Banks outside of Sioux Falls will often lend to entrepreneurs in Sioux Falls, SD. Here's a list of out-of-area banks that have recently made loans to Sioux Falls 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 South Dakota or from out of state.
Small Business Bank |
Recent SBA Loans |
1st National Bank & Tr
Pipestone, MN |
1 |
Banco Popular North America
New York City, NY |
1 |
Bank Of The West
Salt Lake City, UT |
1 |
Bank Plus
Estherville, IA |
1 |
Bremer Bank
Saint Cloud, MN |
1 |
Capital One
Mclean, VA |
4 |
Cit Small Business Lending Corp
Golden, CO |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
2 |
Comerica Bank
Dallas, TX |
1 |
Comerica Bank
Sacramento, CA |
1 |
Cortrust Bank
Mitchell, SD |
4 |
Dacotah Bank
Aberdeen, SD |
8 |
First Bank & Trust
Brookings, SD |
2 |
First Bank & Trust
Canton, SD |
1 |
First Bank & Trust
Garretson, SD |
2 |
First Dakota National Bank
Yankton, SD |
1 |
First Farmers & Merchants Natl
Luverne, MN |
1 |
First Midwest Bank
Centerville, SD |
7 |
First Savings Bank
Beresford, SD |
3 |
Frontier Bank
Rock Rapids, IA |
6 |
Great Western Bank
Omaha, NE |
1 |
Great Western Bank
Watertown, SD |
14 |
Innovative Bank
Oakland, CA |
7 |
Minnwest Bank Luverne
Luverne, MN |
1 |
Plains Commerce Bank
Hoven, SD |
1 |
Stearns Bank
Saint Cloud, MN |
1 |
The First Western Bank Sturgis
Black Hawk, SD |
1 |
U.S. Bank National Association
Cincinnati, OH |
19 |
Wachovia SBA Lending, Inc.
Roseville, CA |
1 |
Wells Fargo Bank
Minneapolis, MN |
19 |
Wells Fargo Bank
San Jose, CA |
27 |
Business Loan Advice for Sioux Falls Businesses
It's inevitable.
"Where can I borrow some money for my business?" you'll think to yourself.
Maybe you need a $40,000 small business loan to launch a big advertising campaign. Perhaps you need a $100,000 business loan to buy more inventory.
It's time to introduce yourself to a small business banker in Sioux Falls.
Sure, there are other options: borrowing family money, equity financing,
and merchant cash advance companies, to name a few.
But, in the final analysis, securing a small loan from a nearby banker is often the easiest way for a small business to get cash in a hurry to fund growth plans.
Gaebler.com Advice on Raising Money
Our Gaebler.com site is deeply committed to aiding entrepreneurs, and we have a
lot of information pertaining to to Raising
Money. For example, we would suggest you read Realistic Debt Financing Options.
Business Loan Sources for Other Cities in South Dakota
Get a Business Loan in Rapid City
Get a Business Loan in Spearfish
Browse All Business Loan Sources for South Dakota