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First Resource Bank (MN)

First Resource Bank (MN)

Creative Banking Trusted Partners When You Need Us Most OnPoint HOA Financial Bank Transitions Made EasyBanking Solutions Made Every Day Cash Management University An Education of Business Solutions It’s what we do Our team of financial experts are here to make your dreams a reality. First Resource Bank is built on Three Core Values: Providing […]

Asset Base Working Capital Line (CAPLine)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
# New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approvals as of Fiscal Year End 2025 38
SBA Loans Total Approval Amount as of Fiscal Year End 2025 $26,951,700
Average SBA Loan Size as of Fiscal Year End 2025 $709,255
Average SBA Loan Rate over Prime (Prime is 6.75%) 1.71
First Resource Bank (MN)

Unlock Your Financial Potential with First Resource Bank (MN)

First Resource Bank, headquartered in Lino Lakes, Minnesota, is a locally owned community bank dedicated to helping small businesses thrive. With deep roots in the Twin Cities area, the bank offers flexible SBA loan options and personalized business banking services to support entrepreneurs at every stage of growth.

Key Features of First Resource Bank

  • Comprehensive Business Banking: Business checking and savings accounts, merchant services, treasury management, and digital banking tools designed to simplify operations.
  • SBA Loan Expertise: First Resource Bank participates in the SBA 7(a) and 504 programs, offering affordable, government-backed financing for working capital, equipment purchases, or commercial real estate.
  • Local Decision-Making: All loan decisions are made locally, ensuring fast turnarounds and personal relationships with experienced Minnesota-based lenders.
  • Tailored Commercial Lending Solutions: The bank provides term loans, lines of credit, and commercial real estate financing customized for small and mid-sized businesses.
  • Community Commitment: As a true community bank, First Resource Bank invests in local businesses, nonprofits, and economic development initiatives that create jobs and strengthen Minnesota communities.

Why Choose First Resource Bank for SBA Loans?

First Resource Bank combines community-focused service with small business lending expertise. Its experienced SBA lending team helps business owners navigate the application process efficiently — providing clear communication and flexible financing structures. Whether you’re expanding, purchasing property, or investing in equipment, First Resource Bank delivers the tools and support you need to grow confidently.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the First Resource Bank Business Banking page to explore available SBA programs, review eligibility, and connect with a local SBA lending expert.

Empower your financial future today with First Resource Bank — where Minnesota businesses come to grow.

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