Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Foley, Minnesota Business Loan

 
Loan Census SBA Loan Info

Looking for a Foley, 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.

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

Local Foley Business Lenders

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

Small Business Bank Recent SBA Loans
Falcon National Bank 14
Frandsen Bank & Trust 9
Rural American Bank - Auto Bank  
Rural American Bank - Foley Office  

SBA Lenders for Foley Businesses

Be sure to speak with bankers outside of Foley, Minnesota. These banks, in the table below, have lent to other Foley 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
Bremer Bank
Saint Cloud, MN
3
Capital One
Mclean, VA
1
Frandsen Bank & Trust
Lonsdale, MN
1
St. Stephen State Bank
Sauk Rapids, MN
1
Stearns Bank
Saint Cloud, MN
3

Foley Business Loan Advice

Borrowing money is one of the most common sources of funding for a small business, but getting a loan requires a fair amount of work.

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 better loan terms 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 dedicated to helping small business owners, and we have a lot of useful articles about to Raising Money. If you want to learn about raising money, we recommend you read 504 Loans.

Business Loan Sources for Other Cities in Minnesota
Get a Business Loan in Fergus Falls
Get a Business Loan in Forest Lake

Browse All Business Loan Sources for Minnesota