Business Loans & Small Business Funding in Saint Paul, MN
Saint Paul, MN is little sister in the duo known as the The Twin Cities, with Minneapolis front and center. Saint Paul may be the smaller, less-publicized city but it is the capital of the state of Minnesota and home to just over 300,000 in the city limits.
The Saintly City, which is a lovely nickname, was named Minnesota’s capital in 1849 when it was incorporated as a city. Another reason why The Saintly City is a wonderful nickname? Saint Paul used to be named Pig’s Eye. I’m quite sure the residents of the city are happier with Saint Paul and The Twin Cities over Pig’s Eye.
The Xcel Energy Center has been a downtown attraction for Saint Paul since 2000. The arena hosts hundreds of concerts and events each year and serves as the home for the NHL’s Minnesota Wild. Saint Paul’s economy extends beyond concerts and local government, with Gander Mountain Sporting Goods and the 3M Company operating in the city limits or directly outside of town.
Whether you’re looking to open the next great franchise or have a thriving daycare business looking to expand, having enough small business funding to support and drive your company forward is important.
It’s with this knowledge that we’ve created the working capital funding company that truly supports small business growth.
Commercial Business Financing In Saint Paul, MN
In most cases, small business owners believe going to a big bank is the best choice for them. The journey to finding small business funding in Saint Paul can often lead to frustration. The long list of requirements make it nearly impossible to get the capital you need to grow your business.
In fact, only a quarter of applicants were approved for traditional bank funding of any kind in 2017. This means that three-fourths of the businesses looking to grow their companies were left without any sense of direction.
We know you usually need to wait 90 days for a traditional loan, just to find out if banks will offer you funding. That’s not helpful. To make things even more frustrating, the wait can be as much as long as six-months. Again – that’s a long time to wait.
We didn’t like how banks treated businesses looking for funding – so we did something about it.
At Fast Capital 360, we let our applicants know about their approval within hours; most applicants only have to wait 60 minutes to be approved for funding.
To see how many business owners go from application to cash in their hand in under 24 hours is absolutely amazing. Our funding alternatives to short-term small business loans can turn up in your bank account by the end of the next business day, once you’ve been approved.
Our reputation has been built on repayment agreements that are fair & transparent have lead us to become one of the leaders in small business lending in Saint Paul, MN.