Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

St. Michael, Minnesota Small Business Loans

 
Loan Census SBA Loan Info

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

If you are hoping to get a small business loan and your business is based in St. Michael, Minnesota, we've assembled a list of local small business banks that you should contact.

Banks that Lend to St. Michael Businesses

Banks outside of St. Michael will often lend to entrepreneurs in St. Michael, MN. Here's a list of out-of-area banks that have recently made loans to St. Michael 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 Minnesota or from out of state.

Small Business Bank Recent SBA Loans
21st Century Bank
Loretto, MN
1
Bankcherokee
Saint Paul, MN
1
Bremer Bank
Saint Cloud, MN
1
First Minnesota Bank
Minnetonka, MN
1
Great Northern Bank
Saint Michael, MN
1
Highland Bank
Maple Grove, MN
2
Park Midway Bank
Saint Paul, MN
1
Prosperan Bank
Oakdale, MN
1
Riverview Community Bank
Otsego, MN
1
Stearns Bank
Saint Cloud, MN
1
The Bank Of Elk River
Elk River, MN
1
U.S. Bank National Association
Cincinnati, OH
4
University Finan Corp. Dba Sun
Saint Paul, MN
1
Wells Fargo Bank
San Jose, CA
6

St. Michael Bank Loan Tips

It's inevitable.

"How do I get a small business loan?" you'll say.

Maybe you need a $30,000 small business loan to upgrade your business. Perhaps you need a $100,000 business loan to acquire a competitor.

It's time to visit with a small business banker in St. Michael.

Sure, there are other ways to raise money: borrowing money from investors, equity financing, and merchant cash advance companies, to name a few.

But, at the end of the day, securing small business financing from a bank is often the easiest way for a small business to get money fast to fund growth plans.

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.

Business Loan Sources for Other Cities in Minnesota
Get a Business Loan in Shakopee
Get a Business Loan in Stewartville

Browse All Business Loan Sources for Minnesota