Loan Census Banking News and Information
April 18, 2014  
  Business Loan Information  

Blue Earth, Minnesota Business Loan

Loan Census SBA Loan Info

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

This article is written specifically for small business owners in Blue Earth, Minnesota who are interested in getting a bank loan.

Local Blue Earth Lenders

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

Small Business Bank Recent SBA Loans
First Bank Blue Earth 13
First National Bank & Agency of Blue Earth  

Lenders for Blue Earth Businesses

Be sure to speak with bankers outside of Blue Earth, Minnesota. These banks, in the table below, have lent to other Blue Earth 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
M&i Marshall & Ilsley Bank
Richfield, MN
Wells Fargo Bank
Minneapolis, MN
Wells Fargo Bank
San Jose, CA

Blue Earth Business Loan Advice

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing is not a slam dunk.

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 a great deal on your bank loan.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements. Advice on Raising Money

If you are serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review 504 Loans.

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