Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Business Loan Scandia, Minnesota

 
Loan Census SBA Loan Info

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

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

Local Scandia Business Lenders

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

Small Business Bank Recent SBA Loans
Security State Bank of Marine  

Banks that Lend to Scandia Businesses

Be sure to speak with bankers outside of Scandia, Minnesota. These banks, in the table below, have lent to other Scandia 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
Capital One Bank (usa)
Glen Allen, VA
1
River Bank
Stoddard, WI
1
U.S. Bank National Association
Cincinnati, OH
2
Wells Fargo Bank
San Jose, CA
2

Tips for Getting a Business Loan in Scandia

Borrowing money is one of the most common sources of funding for a small business, but finding financing is not a slam dunk.

Improve your odds by talking 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.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is devoted to aiding small business owners, and we have a lot of useful articles about to Raising Money. For example, we would suggest you read Business Cash Advances.

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