BankVista

MN

SBA-approved lender offering 6 loan programs across 18 industries.

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Key Metrics

Interest Rate

8.33%

1.58% over prime

Average Loan

$335K

Per approval

Total Approvals

62

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates

Industries Served (18)

All Other Miscellaneous ManufacturingAll Other Specialty Trade ContractorsCoffee and Tea ManufacturingCouriersFull-Service RestaurantsGeneral Freight Trucking, LocalGeneral Line Grocery Merchant WholesalersGlass and Glazing ContractorsGraphic Design ServicesHome Health Care ServicesLandscaping ServicesLimited-Service RestaurantsOffices of ChiropractorsOther Services to Buildings and DwellingsPainting and Wall Covering ContractorsPlumbing, Heating, and Air-Conditioning ContractorsWholesale Trade Agents and BrokersWood Kitchen Cabinet and Countertop Manufacturing

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.58%
Effective Rate
8.33%
Fiscal Year
2025
States Served
MN

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