SBA Loans in Minnetonka, MN
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
SBA loans in Minnetonka, MN are a vital resource for growing businesses. StartCap provides expert guidance and flexible options to meet your financial needs. Start building a stronger future for your business today.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Minnetonka SBA Loans
Businesses in Hennepin County can trust StartCap for flexible financial solutions tailored to their needs. We offer a range of resources designed to help you grow, innovate, and succeed in a rapidly changing marketplace.
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 business 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 Minnetonka or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Minnetonka, MN
For entrepreneurs in Minnetonka and beyond, financial solutions are tailored to meet your needs. We offer the support necessary to help you grow and succeed in today’s competitive market. From Hopkins to New Hope and beyond, we're your credit line specialists.
SBA Loan FAQ's
Minnetonka, MN thrives with dynamic small business energy, attracting innovative founders seeking financial support through SBA loan programs. Local business owners exploring funding options discover multiple resources tailored to regional economic development strategies.
Here are a few local suggestions:- US Bank at Wayzata Boulevard & Hopkins Crossroad
- Westfield Bank at Shady Oak Road & Technology Drive
- Fidelity Bank at Glen Road & Minnetonka Boulevard
- TCF Bank at Hopkins Crossroad & Minnetonka Boulevard
- Anchor Bank at Lake Street & Excelsior Boulevard
- Regions Bank at Highway 494 & Highway 62
SBA loans provide critical financing for equipment purchases, working capital, real estate acquisitions, and business expansion. Local start-ups benefit from tailored programs like 7(a) loans, microloans, and CDC/504 commercial real estate financing across Minnesota's entrepreneurial ecosystem.
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 SBA loans in Minnetonka, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Minnetonka, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Small businesses in Minnetonka, MN, including service providers like HVAC contractors, landscaping companies, and local retail shops near Lake Minnetonka, may qualify for SBA loans through various programs. Eligible businesses typically need strong credit scores, operational history, and demonstrated financial stability.
The Small Business Administration offers loan opportunities for professional services, manufacturing firms, restaurants, and technology startups located within Hennepin County's business ecosystem. Loan qualification depends on factors like business size, revenue, and specific industry classifications in the Minnesota regional market.
