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

Prior Lake, Minnesota Small Business Loans

 
Loan Census SBA Loan Info

Raising money in Prior Lake, Minnesota? If so, you'll want to talk to some of these small business lenders in Prior Lake.

If you are planning on applying for a small business loan and your business is based in Prior Lake, Minnesota, we've assembled a list of local small business banks that you should contact.

Local Prior Lake Lending Resources

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

Small Business Bank Recent SBA Loans
Network Data Systems Inc  
Prior Lake State Bank 10
Raymond James Financial SRVC  
U S Bank - Prior Lake Office- Branch Offices- Prior Lake  
Wells Fargo Bank Minnesota NA - Apply for A Loan OR Open A New Account  

SBA Lenders for Prior Lake Businesses

Be sure to speak with bankers outside of Prior Lake, Minnesota. These banks, in the table below, have lent to other Prior Lake 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
1st National Bank - Elk River
Elk River, MN
1
Anchor Bank
Wayzata, MN
3
Anchor Bank Farmington
Farmington, MN
1
Anchor Bank Saint Paul
Saint Paul, MN
1
Associated Bank
Green Bay, WI
1
Associated Bank
Minneapolis, MN
2
Bankcherokee
Saint Paul, MN
1
Capital One
Mclean, VA
2
M&i Marshall & Ilsley Bank
Milwaukee, WI
3
Peoples Bank Of Commerce
Saint Paul, MN
1
Ridgedale State Bank
Minnetonka, MN
1
Stearns Bank
Saint Cloud, MN
1
Tcf National Bank
Wayzata, MN
1
U.S. Bank National Association
Cincinnati, OH
27
U.S. Bank National Association
San Diego, CA
2
Venture Bank
Bloomington, MN
3
Voyager Bank
Eden Prairie, MN
1
Wells Fargo Bank
Minneapolis, MN
2
Wells Fargo Bank
San Jose, CA
2
Wells Fargo Bank
Sioux Falls, SD
1
Western Bank
Edina, MN
1

Prior Lake Bank Loan Tips

Getting a bank loan 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 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 the best rate on a small business loan.

Remember, before visiting with local small business banks, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

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