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

Annandale, Minnesota Business Loan

 
Loan Census SBA Loan Info

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

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

Local Annandale Lenders

To assist you in finding a small business banker, here's our list of small business banks in Annandale.

Small Business Bank Recent SBA Loans
Annandale State Bank 1

SBA Lenders for Annandale Businesses

Be sure to speak with bankers outside of Annandale, Minnesota. These banks, in the table below, have lent to other Annandale 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
Associated Bank
Minneapolis, MN
1
Bremer Bank
Saint Cloud, MN
1
Security St. Bank - Maple Lake
Maple Lake, MN
6
U.S. Bank National Association
Cincinnati, OH
3
Wells Fargo Bank
Minneapolis, MN
2
Wells Fargo Bank
San Jose, CA
3

Annandale Business Loan Advice

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.

It's always a good idea to talk 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 possible 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.

Gaebler.com Advice on Raising Money

If you are new to our Gaebler.com site, you should know that we are devoted to providing advice to entrepreneurs, and we have a lot of information pertaining to to Raising Money. If you want to learn about raising money, one article that might be of interest to you is 504 Loans.

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