2019 Holiday Donation Drives: Make it a Season of Giving
For more information and to drop off donations visit one of our branch locations or call 763-767-21ST.
October 17, 2019
For more information and to drop off donations visit one of our branch locations or call 763-767-21ST.
An Advisor’s Approach to Business Acquisition SBA 7a Lending Far too often that First Time Purchasers, looking at owning a business walk into a large bank with no referral, and they end up
When business partners Bradley Wohlers and Laurie Barger set out to fund their innovative small business idea – the young entrepreneurs faced immediate rejection. “We went through a lot of meetings with SBA lenders, and to be quite frank, we were laughed out of some meetings,” said Wohlers. The Mahtomedi, MN native admits, their idea is different – but it had the potential to disrupt the entertainment market in the East Metro area of the Twin Cities.
20th Annual Loretto Fun Fest will be held Saturday, September 14th – at the Loretto Ball fields starting at 3:00 pm. This year’s events include: LORETTO MARKET Vendors will be
How Dental Financing/Practice Loans fit into the lending perspective. Dental financing/Practice Loans fits into the category of Owner Occupied Lending and is a subcategory of the Medical Professional arm of
How to choose the best Minneapolis-St. Paul bank of your SBA loan. For those seeking to start, buy or expand a business – or, for those in need of refinancing
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.
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.
Routing Number: 091913685