Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Business Loan Buhl, Minnesota

 
Loan Census SBA Loan Info

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

We wrote this article for small business owners in Buhl, Minnesota who are interested in getting a small business loan.

Local Buhl Business Loan Sources

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

Small Business Bank Recent SBA Loans
1st National Bank - Buhl 10
First National Bank of Buhl  

Banks that Lend to Buhl Businesses

Be sure to speak with bankers outside of Buhl, Minnesota. These banks, in the table below, have lent to other Buhl 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
Northern St. Bank - Virginia
Virginia, MN
1
Wells Fargo Bank
San Jose, CA
1
Wells Fargo Bank
Sioux Falls, SD
1

Tips for Getting a Business Loan in Buhl

Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.

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 the best rate on a 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 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 Bank Credit Lines.

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