Business Line of Credit in Edina, MN
Fuel your new business with on-demand access to capital,
up to $250,000 in extra boost
Your Credit Line, Is Your Lifeline
Whether you're laying the foundation of a new business or building on years of success, access to capital is key. Payroll, inventory, and equipment needs remain constant. With a business line of credit in Edina, MN, and a great team, you'll be ready for anything.
Flexible Access to Funds
Access financing when you need it and pay only on what you use—ideal for fast cash flow.
Revolving Credit for Growth
Borrow, repay, and reuse. A business line of credit that grows with your venture's needs.
Custom Limits for Your Needs
Credit lines tailored to your business, with limits starting at $10,000 and room to grow.
Edina Business Credit & Loan Options
StartCap drives success stories forward daily. With specialized funding and resources, we're ready to help you reach for the stars. From flexible credit lines to real estate, we're your go-to resource.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your venture needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Edina or nationwide.
Here's a truck load of stuff to get kicked off
Find a Business Line of Credit
Near Edina, MN
From Edina to the far corners of Hennepin County, StartCap is your go-to for funding! We understand the difficulties of finding local credit and are here to help. See the nearby cities we serve and let's make your goals a reality. From Richfield to Chanhassen and beyond, we're your BLOC specialists.
BLOC FAQ's
Yes, business lines of credit are available for start-ups in Edina, MN, with several local financial institutions offering tailored solutions. The city's dynamic business ecosystem supports emerging companies through strategic lending programs designed for new enterprises seeking flexible capital resources.
Here are a few local suggestions:- Farmers State Bank at 50th Street & France Avenue
- Minnesota Bank & Trust at Valley View Road & Highway 100
- U.S. Bank at 44th Street & France Avenue
- Edina State Credit Union at York Avenue & 50th Street
- TCF Bank at Yorktown Center
- Wells Fargo at France Avenue & 70th Street
Local founders in MN can explore credit lines through community banks and credit unions offering specialized startup financing. These programs typically consider business plans, personal credit history, and potential revenue streams, providing accessible funding options for innovative local entrepreneurs seeking growth capital.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for business lines of credit in Edina, generally range from around 6% to 18%, depending on factors such as the lender's policies, the borrower’s credit score, and the current prime rate. Typically, the rates are tied to the prime rate, with some lenders adding a margin based on the borrower’s creditworthiness and other criteria. These rates may fluctuate over time, so it’s important for businesses to check with local lenders for the most accurate and up-to-date terms.
No, not always—it depends on the type of loan you're applying for. Some funding options require business registration, while others focus on personal credit, income, or assets instead. If your business isn’t registered yet, don’t worry! We can either guide you through the registration process or explore funding alternatives that don’t require it.
Yes, Edina, MN offers several local government and economic development programs supporting business credit access. The city's strategic location near Minneapolis provides founders with targeted financing resources through Hennepin County small business initiatives and Minnesota state-sponsored lending platforms.
Local options include the Edina Economic Development Authority (EDA) line of credit program, which supports new business owners within city limits. Additional resources exist through the Southwest Metro Small Business Development Center, offering customized financial guidance for start-ups seeking credit opportunities near Lake Minnetonka and surrounding suburban regions.
