This article is written specifically for entrepreneurs in Waconia, Minnesota who are interested in getting debt financing.
Local Waconia Business Loan Sources
To help you learn more about local small business lenders, here's our list of small business banks in Waconia.
SBA Lenders for Waconia Businesses
Be sure to speak with bankers outside of Waconia, Minnesota. These banks, in the table below, have lent to other Waconia 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 |
Capital One
Mclean, VA |
1 |
Gateway Bank
Mendota Heights, MN |
1 |
Kleinbank
Big Lake, MN |
1 |
M&i Marshall & Ilsley Bank
Milwaukee, WI |
1 |
Park Midway Bank
Saint Paul, MN |
1 |
Peoples Bank Of Commerce
Cambridge, MN |
2 |
Stearns Bank
Saint Cloud, MN |
1 |
The Bank Of Elk River
Elk River, MN |
1 |
U.S. Bank National Association
Cincinnati, OH |
5 |
Wachovia SBA Lending, Inc.
Roseville, CA |
1 |
Wells Fargo Bank
Minneapolis, MN |
3 |
Wells Fargo Bank
San Jose, CA |
4 |
Wells Fargo Bank
Sioux Falls, SD |
2 |
Tips for Getting a Business Loan in Waconia
Borrowing money is one of the most common sources of funding for a small business, but getting small business financing isn't always easy.
Improve your odds by talking to as many banks as possible.
When applying for 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 better loan terms than others.
By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best possible small business loan.
Remember, before visiting with local small business banks, 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 learn as much as you can. If you haven't read it
already, we recommend you review
Angel Investors.
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