Falcon National Bank

This is a financial institution offering SBA loan programs and small business financing solutions, helping entrepreneurs grow and succeed.

It's recommended to schedule an appointment for personalized service, but walk-ins are also welcome during business hours.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.

There are no fees for consultation; however, loan processing and closing may include standard fees and interest charges.

This service is open to small business owners and entrepreneurs within the region seeking SBA financing.

A minimum personal credit score of 640 is generally preferred, though higher scores improve approval chances.

The underwriting process typically takes 30 to 45 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and Falcon National Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Falcon National Bank to confirm current weekend availability before you go.

Falcon National Bank is located in Minnesota — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Falcon National Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Falcon National Bank itself, which runs its own lending under its own ownership. If you work at Falcon National Bank, you can claim this listing from this page to manage it.

The core details for Falcon National Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Falcon National Bank before applying. If you represent Falcon National Bank, claim this listing to keep its information up to date.

You can reach Falcon National Bank by phone at (320) 968-6300 or online at falconnational.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Falcon National Bank before relying on them.

Based on its approved SBA loans, Falcon National Bank most often finances businesses in transportation & trucking, construction & contractors, manufacturing, general retail, medical practices & clinics, and fitness & recreation. This reflects Falcon National Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Falcon National Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Falcon National Bank participates in SBA Express depends on its specific SBA lending authority. Contact Falcon National Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Falcon National Bank is a Preferred SBA Lender, allowing them to approve SBA loans in-house without requiring SBA approval on each application, typically resulting in faster decisions. Confirm current status directly with the bank.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Falcon National Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Falcon National Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Falcon National Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Falcon National Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Falcon National Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Falcon National Bank weighs this case by case under its own policy, so be upfront about your history and ask Falcon National Bank how it evaluates prior bankruptcies.