a small business owner looking at his tablet

SBA Loans

Small businesses power local economies. Our team unlocks the power of entrepreneurs and business owners by connecting them with Small Business Administration (SBA) loans with favorable financial terms.

Keep thinking big. Our SBA Loans will support your growth plans.

 

At Citizens Independent Bank, we have decades of experience helping small businesses reach the next rung of the success ladder. Whether you're a start-up or established business, we can connect you to government-backed financing for real estate acquisitions, equipment purchases, facilities renovations, and more.

Benefits

  • Government-assisted help for businesses that might otherwise have difficulty getting approved for traditional business loans
  • Wide range of SBA loan programs available: 7(a) Loans; 7(a) Small Loans; SBAExpress; CapLines; 504 Loans
  • Competitive interest rates for term loans and credit lines
  • Lower down payments and longer repayment terms than most commercial loans
  • As a Delegated SBA Lender, we make loan decisions here in the Minneapolis area
  • Attentive, friendly service throughout the application process
  • An additional resource for business financing information can be found through Minnesota Small Business Development Centers
  • Visit the SBA website 



Close up of two business people shaking hands
Stars icon

Unlock the Power of a Local Banking Relationship.

Your business deserves more than a transaction. Connect with a team that takes the time to understand your goals and provide personalized guidance every step of the way.
















































We provide business banking, personal banking, mortgage lending, and financial services to businesses and individuals across the western Twin Cities. Explore our local banking locations in Saint Louis Park, Robbinsdale, Hopkins, and Plymouth to find the branch most convenient for you.