SBA Loans that are right for your business.
Magnifi Financial is the only Minnesota-based credit union with SBA Preferred Lender status.
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
- 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
- Learn more here about SBA Loans and the types of information you'll need for your application.
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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.
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Build a Relationship
We'll work closely with you to determine the right financial solutions and terms of an SBA 7a loan.
Schedule a Meeting With Our SBA Team
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.