Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Watertown, Minnesota Small Business Loans

 
Loan Census SBA Loan Info

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

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

Local Watertown Banks

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

Small Business Bank Recent SBA Loans
Bremer Bank 5
Bremer Investments  

Business Loan Providers for Watertown Businesses

Be sure to speak with bankers outside of Watertown, Minnesota. These banks, in the table below, have lent to other Watertown 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
1
Bremer Bank
South Saint Paul, MN
3
Citizens Bank & Trust
Hutchinson, MN
1
First Minnesota Bank
Minnetonka, MN
1
Wells Fargo Bank
San Jose, CA
1

Watertown Bank Loan Tips

Borrowing money is one of the most common sources of funding for a small business, but securing debt financing is a time-consuming task.

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 possible 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 all about supporting entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, we would suggest you read Realistic Debt Financing Options.

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