“The Vault” Blog

Small Business News

Are you ready to talk SBA?

As a lender who has been very active in SBA 504 and 7a for the past 10 years, I still see a lack of knowledge base on when to use SBA products—many customers never get the benefit from these programs as these are programs that most banks don’t know how to use effectively. If greater understanding from bankers, customers, and advisors existed, there would be even greater usage of the program; small businesses would be better positioned to grow; and there would be more benefit to the economy.

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StartUp Article Photo

STARTUP – Is this the right move for you?

When you’ve determined to be your own boss – whether you’re startup includes an innovative idea for a product or service, or there’s a franchise opportunity you want to get in on – it’s easy to want to jump the gun and focus on getting started. However, before starting or acquiring a business you need to ask yourself some tough questions.

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top SBA 504 for FY2018

SBA 504 Loans

Is it the best-kept secret for today’s small business?
 
With the steady growth and expansion of Minnesota’s small business community, 21st Century Bank (“21st”) is proud to be #1 Third Party Lender Originator – of SBA 504 loans in the State of Minnesota for FY18*.

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Ribbon Cutting Event- Lilydale

Lilydale, MN our newest bank location

Lilydale, Minnesota – this small town of just 900 residents is tucked away in the East Metro area of the Twin Cities. With captivating Mississippi River views and more than 100 years of history, we’ve decided this community is the perfect location for our newest branch.

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SELLING YOUR SMALL BUSINESS? START HERE

Take these steps before meeting with a broker.
 
Whether you are ready to retire, step down or prepare for the next adventure — selling your small business* is more manageable if you understand the process, timing and factors that affect the sale.

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A Walk to End Alzheimer’s

On a hot summer day they walked! Employee, Cheryl Casey participated for the 4th year in the Alzheimer’s Association Walk to End Alzheimer’s in the Twin Cities. “I am committed to raising awareness

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