Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Business Loan Paynesville, Minnesota

 
Loan Census SBA Loan Info

Small business loans in Paynesville, Minnesota are available. You just need to talk to the right bank.

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

Local Paynesville Banks

Without further adieu, here's our list of small business banks in Paynesville.

Small Business Bank Recent SBA Loans
Bank of the West  
Community First Bank  
Farmers & Merchants State Bank  

Lenders for Paynesville Businesses

Be sure to speak with bankers outside of Paynesville, Minnesota. These banks, in the table below, have lent to other Paynesville 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
1
Capital One
Mclean, VA
1
Central Minnesota Fcu
Melrose, MN
2
Heritage Bank
Spicer, MN
3
Premier Bank
Maplewood, MN
1
Wells Fargo Bank
San Jose, CA
2

Tips for Getting a Business Loan in Paynesville

Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy.

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 talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get very competitive loan terms.

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 aiding entrepreneurs, and we have a lot of information pertaining to to Raising Money. To learn more, we recommend you read 504 Loans.

Business Loan Sources for Other Cities in Minnesota
Get a Business Loan in Owatonna
Get a Business Loan in Prior Lake

Browse All Business Loan Sources for Minnesota