Delano Small Business Administration

SBA Loans in Delano, MN

Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates  

Get Pre-Approved  
No Impact on Credit!
Avatar photo
Written by:
Sam Schneider
Funding Specialist
Edited by:
Matt Labowski
Lead Editor
SBA Loan Image
A Truly Great Deal, Truly

Great Rates, Less Requirements & Smaller Down Payments

With StartCap, SBA loans in Delano, MN are more accessible than ever. Our streamlined process and tailored support make funding your business a breeze. Step into success with us by your side.

2-Minute Online App
Dedicated Specialist
Multiple Funding Options
No Impact on Credit to Apply
Low Rates Icon

Rates as Low as 6%

Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.

25 Year Icon

Terms up to 25 Years

Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.

Equipment Icon

Flexible Uses

Use your SBA loan for working capital, equipment, real estate, or other business expenses.

We're Minnesota's Small Business Launchpad

We're More Than Delano SBA Loans

StartCap is committed to helping businesses in Wright County thrive. Our flexible financing solutions are designed to support your business, giving you the financial flexibility needed to meet your goals and drive success.

Launchpad Image

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.

Marketing Image
Top Tier; Very Cutesy; Very Demure

+ 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 Delano or nationwide.

Here's a truck load of stuff to get kicked off

Domain Name
Custom Website
Logo Design
Google Ads Management
Social Media Management
GMB Setup & Optimization
Professional SEO
Web Hosting

Terms & conditions apply

Wright County

Find SBA Loans Near Delano, MN

Located in Delano or nearby? You can benefit from financial solutions that help entrepreneurs thrive. Our tools are designed to support growth and help you achieve your goals more effectively. From Minnetrista to Albertville and beyond, we're your credit line specialists.

Map Image

SBA Loan FAQ's

  Are there any local lenders in Delano that can help with SBA loans?

Tucked away in Wright County, Delano, MN carries a rich agricultural heritage and emerging business community that attracts local start-ups seeking financial support. Small business owners exploring funding opportunities often research regional lending solutions tailored to their specific operational requirements and growth strategies.

Here are a few local suggestions:
  • First National Bank of Delano at County Road 11 & Highway 12
  • Wright County Community Bank at Main Street & Broadway Avenue
  • Delano Credit Union at Highway 55 & Center Street
  • Farmers State Bank of Delano at State Highway 25

SBA loans in Minnesota provide critical resources for equipment purchases, working capital, real estate acquisition, and business expansion. Local founders can leverage these financial instruments through traditional banks, credit unions, and specialized lending platforms that understand the unique economic dynamics of smaller communities like Delano.

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 Delano, 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 Delano, 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.

In Delano, Wright County, MN, small business owners can access SBA loan programs tailored to various industries. Local enterprises including service providers like plumbing contractors, HVAC technicians, and electrical repair businesses often qualify for financial support through different lending channels.

Retail shops, agricultural support services, construction companies, and professional consulting firms in the greater Delano business ecosystem might secure SBA loans. Factors like business tenure, credit history, and operational performance determine eligibility for these critical financial resources supporting Minnesota's small business landscape.

Elevate Yourself

Get Pre-Approved