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SBA Loans that are right for your business.

Magnifi Financial is the only Minnesota-based credit union with SBA Preferred Lender status. 

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Referred for SBA Loan

You've found the right partner.

Magnifi Financial is the only Minnesota-based credit union with SBA Preferred Lender status. We are the #1 SBA Lending credit union in Minnesota and we are focused on providing the best financial solutions and experience for small businesses.

We provide our business clients with:

  • Local decisions
  • An efficient and streamlined process
  • A knowledgeable team that walks borrowers through each step
  • Regular updates throughout the loan process

Loans subject to credit approval and must follow all eligibility requirements of the SBA. 

 

About SBA 7a Loans

  • Can be used for almost any business need except a line of credit
  • Maximum Loan Amount $5,000,000
  • Flexible loan terms (longer maturities and less money down)
  • Loan Term (Maturity) Up to 25 years for commercial real estate and up to 10 years for all other purposes
    • Can combine multiple uses into one loan (Real Estate, equipment, Working Capital etc.)
  • No Guarantee Fee to borrowers
  • Potential of 6 payments made on lender's behalf by SBA
  • Learn more here about SBA Loans and the types of information you'll need for your application.

  • 1

    Contact us

    Fill out the form below to contact our dedicated SBA team. Tell us about yourself and your project. We'll reach out within 1-2 business days.

  • 2

    Build a Relationship

    We'll work closely with you to determine the right financial solutions and terms of an SBA 7a loan.

  • 3

    Loan Funding

    Once your loan closes, you'll be able to get started on your business or project!

Schedule a Meeting With Our SBA Team

 
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Join the Magnifi Family!

At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.

Am I Eligible? Become a Member
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