TCF Bank Minnesota, FSB
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by TCF Bank Minnesota, FSB · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for TCF Bank Minnesota, FSB by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 2 | $350K | 40.0% |
| Minnesota (MN) | 3 | $159K | 60.0% |
Why Choose TCF Bank Minnesota, FSB?
Based on SBA 7(a) lending track record from 1993-1996
- ✓Proven Track Record: 5 SBA loans approved, totaling $509K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 94 months
- ✓Loan Range: Loan sizes from $24K to $200K, with an average of $102K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MN, WI
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about TCF Bank Minnesota, FSB SBA lending
What types of businesses does TCF Bank Minnesota, FSB typically finance?
TCF Bank Minnesota, FSB specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are TCF Bank Minnesota, FSB's typical SBA loan terms?
TCF Bank Minnesota, FSB's SBA 7(a) loans typically feature an average interest rate of — and average term length of 94 months (approximately 8 years). Loan sizes range from $24K to $200K, with an average loan size of $102K.
Do I need a business valuation for a TCF Bank Minnesota, FSB SBA loan?
Yes, TCF Bank Minnesota, FSB typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does TCF Bank Minnesota, FSB compare to other SBA lenders?
TCF Bank Minnesota, FSB has originated 5 SBA loans totaling $509K since 1993. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does TCF Bank Minnesota, FSB lend in?
TCF Bank Minnesota, FSB provides SBA 7(a) financing with particularly strong presence in MN, WI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.