SBA Loans in Alexandria, 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 Alexandria, MN from StartCap give you the financial flexibility to grow your business. Our tailored solutions and expert assistance make funding stress-free. Build your dreams with a reliable partner 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 Alexandria SBA Loans
StartCap offers businesses in Douglas County tailored financial solutions to support their growth and success. Whether you need resources to scale, manage cash flow, or explore new opportunities, we are here to help you thrive.
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 Alexandria or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Alexandria, MN
In Alexandria and nearby cities, entrepreneurs can access the resources they need to grow their ventures. Our solutions are designed to provide both flexibility and long-term success. From Morris to Saint Cloud and beyond, we're your credit line specialists.
SBA Loan FAQ's
Alexandria, MN sits amid Douglas County's picturesque lakes and thriving small business ecosystem. Local business owners seeking financial support for expansion or startup initiatives often explore Small Business Administration (SBA) loan opportunities through regional financial institutions.
Here are a few local suggestions:- First National Bank at Broadway & McKay Street
- Alexandria Area Credit Union at State Highway 29 & 8th Avenue
- Mid Minnesota Federal Credit Union at 8th Avenue & Fillmore Street
- United Community Bank at Broadway & Anderson Street
- Bell Bank at Industrial Park Drive & Highway 29
SBA loans provide critical funding for local start-ups, covering equipment purchases, working capital, real estate acquisitions, and business refinancing. Minnesota entrepreneurs can access several loan programs, including 7(a), 504, and microloans, tailored to diverse business needs across Alexandria's dynamic commercial landscape.
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 Alexandria, 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 Alexandria, 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 business owners in Alexandria, Douglas County, MN can access SBA loans for various industries. Retail shops, restaurants, professional services, and local contractors like plumbers, HVAC technicians, and electricians may qualify based on specific eligibility criteria and business performance.
Manufacturing firms, agricultural support businesses, and service-based companies near Lake Carlos State Park frequently seek SBA funding. Qualifying businesses must meet size standards, demonstrate financial need, and show potential for growth within the Alexandria economic ecosystem.
