SBA 504 Loans

November 01, 2018

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*.…

STARTUP – Is this the right move for you?

August 10, 2018

Financial considerations to make before you startup.
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.…

Are you ready to talk SBA?

July 09, 2018

Small Business Owners and Prospective Small Business Owners
This post is a little bit of a read, but I think it will be worth it if you are in either of these two categories of people and you’re considering an SBA loan program.…

"Turning a customer concept into a reality" - Janet Johanson, Owner of BevSource

July 02, 2018

There’s no beverage challenge BevSource won’t tackle.
Whether it is an idea for a flavored beer, hard cider, recovery drink, or vitamin-spiked water, BevSource, a women owned business can help novice entrepreneurs,…

From Employees, to Partners to Owners - How E & M Manufacturing remains a local leader both nationally and internationally.

April 05, 2018

With pinpoint precision, E & M Manufacturing, Inc. builds, creates and fabricates unique, complex and often one-of-a-kind parts, tooling and commercial grade hinges for businesses, engineers and companies across the nation and internationally.…

Are you interested in owning a business, but don’t know where to start? Part 2

March 16, 2018

In my last article, I provided an introduction as well as an explanation of Phase I of the process of owning a business. I highly recommend reviewing  before reading this content.…

Are you interested in owning a business, but don’t know where to start? Part 1

March 07, 2018

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,…

SBA Loan Lending in Minnesota Up Nearly 4%

February 27, 2018

Small Business Lending Increased Over Last Year (SBA.gov)
Minneapolis – SBA loan guarantees in Minnesota have grown by 3.9 percent in the fiscal year 2018. So far this year, nearly $208 million in SBA loans have been approved,…

Is it a Smart Move to Add a Commercial Banker to your Team?

January 08, 2018

Business Advisor:
When you are growing your small business, a commercial banker can be a valuable asset to have. The good commercial banker in its truest sense acts as an business advisor/investor for your company.…

Twin Cities Top SBA Lenders

December 15, 2017

Top SBA Lenders List – Minneapolis/St. Paul Business Journal
We made the list! –  12/15/17 –21st Century Bank was named on of the Top SBA Lender in in the Minneapolis/St. Paul Business Journal.  …

21st Century Bank Receives Prestigious Top SBA Lender Award

October 02, 2017

(Minneapolis, MN) September 29, 2017 – The U.S. Small Business Administration (SBA) of Minnesota has awarded 21st Century Bank a Minnesota Lenders Award for their personalized approach to helping local businesses succeed,…