Loan Census Banking News and Information
April 20, 2014  
  Business Loan Information  

Business Loan Canton, Minnesota

Loan Census SBA Loan Info

Looking for a Canton, Minnesota small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

These materials were prepared for entrepreneurs in Canton, Minnesota who are interested in getting a small business loan.

Local Canton Business Loan Sources

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

Small Business Bank Recent SBA Loans
Canton State Bank  

Other Lending Resources for Canton Businesses

Be sure to speak with bankers outside of Canton, Minnesota. These banks, in the table below, have lent to other Canton 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
Bank Of The West
Salt Lake City, UT
Citizens State Bank
Waukon, IA

Tips for Getting a Business Loan in Canton

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 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 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 contacting lenders, 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 new to our site, you should know that we are deeply committed to supporting entrepreneurs, and we have a lot of useful articles about to Raising Money. To learn more, we would suggest you read Getting a Small Business Loan.

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