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Small Business Administration (SBA) Loans


If affordability is a concern, or you may not qualify for a traditional loan, this is the way to go — especially if you’re a new business.

Key Features

  • Competitive Rates
  • Flexible Terms
  • Local Decisions
  • Available for start-up businesses, as well as purchasing and refinancing existing businesses
  • Government-assisted help for businesses that might otherwise have difficulty getting approved
  • Special financing for qualifying businesses
  • Competitive rates for a wide range of business needs:
    • Commercial real estate purchase
    • Construction
    • Business acquisition or expansion
    • Equipment/inventory purchase
    • Working capital
    • And more
  • Wide range of SBA loan programs available:
    • 7(a) Loans
    • 7(a) Small Loans
    • SBAExpress
    • CapLines
    • 504 Loans
  • Generally lower down payments and extended terms
  • Additional considerations taken when deciding maturity1
  • Local decisions made here in the Minneapolis area
  • Attentive, friendly service throughout the process 

Citizens Independent Bank is a Delegated SBA Lender. For detailed descriptions of the programs available, please visit the SBA website or call our SBA Specialist, Susan, at 763-302-3212.

1Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the useful life of the assets financed.