Scale Bank

MN

SBA-approved lender offering 8 loan programs across 4 industries.

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Key Metrics

Interest Rate

7.08%

0.33% over prime

Average Loan

$373K

Per approval

Total Approvals

13

FY 2025

Loan Programs (8)

Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
Loan Funds will Open Business
7a General
Asset Base Working Capital Line (CAPLine)

Industries Served (4)

Drycleaning and Laundry Services (except Coin-Operated)General Freight Trucking, LocalJanitorial ServicesOther Activities Related to Real Estate

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.33%
Effective Rate
7.08%
Fiscal Year
2025
States Served
MN
Website
scale.bank

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