Our goal is to help you get the money you need for your small business. When we consider someone for a loan, we don’t just look at credit scores. We focus on your business’s ability to be profitable and sustainable. But like any lender, we do have some criteria that you need to meet to be eligible for a loan.

Applicants must meet the following criteria to be eligible to apply:

  • You must be a U.S. citizen or permanent resident (green card) and must provide evidence.
  • Your business must be located in the 16-county Twin Cities Metro area.
    • The counties we serve include: Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, McLeod, Ramsey, Scott, Sherburne, Steele, Washington, Wright, Pierce (WI), Polk (WI), St. Croix (WI).
  • You will need to demonstrate that there is enough personal and business income to cover all of your personal expenses with funds left over each month
  • You must not have delinquent child support or outstanding tax liens
  • If you filed for bankruptcy, it must have been discharged for at least two years
  • All business partners with 20% or more ownership must agree to personally guarantee the loan.

Loan uses

Our loans can be used to help start or grow your business. Eligible uses of our loan funds include (but are not limited to):

  • Leasehold improvements
    • Additions, alterations, remodeling or renovations to your rented space
  • Inventory
  • Supplies
  • Working capital
  • Machinery or equipment purchases

If you think you meet these guidelines, we encourage you to fill out our loan application to start the process.

Taina Burgos, Avivage Massage

The loan gave me the ability to make this place what I wanted—the aesthetics, the paint, the drapes, the rug—everything. The loan gave me a cushion to not have stress with this whole transition.

Taina Burgos, Avivage Massage


Our checklist helps you gather and keep track of the business documents you may need to submit as part of your loan application process.


Fill out our loan application. Once you've submitted this form, you will receive an email with the next steps and our loan team will review your application.