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
- 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.
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.
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.