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MN

Last updated: September 3, 2025

Minnesota Business Funding Guide

Minnesota continues to earn recognition as one of the best states to get a business loan in 2025. With average SBA loans around $520,000 and high approval volumes, businesses in Minneapolis and Saint Paul enjoy strong access to capital. Sectors such as finance, agri-tech, and healthcare are particularly well-served by an active community of lenders, intermediaries, and business advisors.

5,706,494

Population

540000

Avg. Funding Amount

Finance

Business Climate

3

Major Cities

Major Business Centers

Minneapolis
Saint Paul
Rochester

Top Business Funding Topics for Minnesota

Essential reading for Minnesota entrepreneurs seeking business funding

Guide
#1
A comprehensive guide to merchant cash advance companies in Minnesota, including requirements, top providers, and application process. - Specifically tailored for Minnesota businesses and market conditions.
15 min read
Read Guide
Merchant Cash Advance
#2
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for Minnesota businesses and market conditions.
12 min read
Read Guide