SBA Loans in Montevideo, MN
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
Get Pre-Approved
Great Rates, Less Requirements & Smaller Down Payments
Secure your business’s future with SBA loans in Montevideo, MN through StartCap. Our flexible terms and efficient process ensure your funding journey is smooth. Take the next step toward success with confidence.
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 Montevideo SBA Loans
StartCap is committed to helping businesses in Chippewa 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.
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 Montevideo or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Montevideo, MN
For entrepreneurs in Montevideo and surrounding areas, financial solutions are available to help you grow. Our customized support is designed to meet your unique business needs and objectives. From Marshall to New Ulm and beyond, we're your credit line specialists.
SBA Loan FAQ's
Montevideo, MN thrives with agricultural enterprises and small business innovations along the scenic Minnesota River Valley. Local founders seeking financial support for expansion or startup costs often explore Small Business Administration (SBA) loan opportunities through community financial institutions.
Here are a few local suggestions:- First National Bank at Main Street & Highway 59
- Montevideo Community Credit Union at 1st Avenue & Washington Street
- Chippewa Valley Bank at Center Street & Commercial Drive
- Kandiyohi County Bank at Marketplace Plaza
SBA loans in Montevideo offer flexible financing for equipment purchases, working capital, real estate acquisitions, and business refinancing. Local business owners can explore 7(a) loans, microloans, and CDC/504 loan programs tailored to support diverse industry needs across Lac qui Parle County's dynamic economic 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 Montevideo, 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 Montevideo, 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 Montevideo, Chippewa County, Minnesota seeking SBA loans typically include service-based enterprises like plumbing contractors, electrical repair services, HVAC maintenance, and local agricultural support businesses around Swift County's rural economic zones.
Local start-ups in manufacturing, retail, restaurant services, and professional consulting within MN's western agricultural regions often qualify for Small Business Administration funding. Qualifying businesses must meet specific economic requirements and demonstrate sustainable operational strategies for regional economic development.
