Minnesota’s commercial real estate market is anchored by the Twin Cities — Minneapolis and Saint Paul — which together form one of the Midwest’s largest and most diverse metropolitan economies. The region’s strong corporate base, healthcare sector, and retail market drive consistent commercial lending demand, while Rochester’s emergence as a medical destination creates unique healthcare real estate opportunities.
Commercial Loans of Texas is a direct lender headquartered in Magnolia, TX, serving Minnesota and 43 other states nationwide. We make our own credit decisions — no broker, no middleman, no surprises at closing. Our borrowers in Minnesota typically close in 5–15 business days.
Commercial Loan Programs Available in Minnesota
We offer every major commercial loan program in Minnesota, from fast hard money loans to long-term 30-year fixed financing. Most programs require no tax returns and no upfront fees.
- Hard Money Loans — Asset-based lending up to 70% LTV. No income docs. Close in 5–10 business days. Ideal for acquisitions, fix-and-flip, and value-add commercial properties in Minnesota.
- DSCR Loans — Qualify on the property’s rental income, not your W-2 or tax returns. Great for investment properties and landlords across Minnesota.
- Stated Income Commercial Loans — No tax returns required on most programs. Built for self-employed borrowers, business owners, and investors in Minnesota.
- SBA 7(a) and SBA 504 Loans — Government-backed financing for owner-occupied commercial real estate and business acquisitions. Available statewide in Minnesota.
- Bridge Loans — Short-term capital to close quickly while permanent financing is arranged. Common in competitive Minnesota markets.
- Construction Loans — Ground-up construction and major renovation financing for commercial projects throughout Minnesota.
- Multifamily Loans — 5+ unit apartment financing with competitive rates, available in every market in Minnesota.
- 30-Year Fixed Commercial Loans — Long-term, fixed-rate commercial financing for stabilized investment properties.
Property Types We Finance in Minnesota
- Office buildings and medical office
- Retail strip centers and single-tenant NNN properties
- Industrial, warehouse, and flex space
- Multifamily (5+ units) and mixed-use buildings
- Self-storage facilities
- Hotels, motels, and short-term rental properties
- Church and faith-based properties
- Special use and non-warrantable properties
- Land and ground-up development
Loan Terms for Minnesota Borrowers
| Feature | Details |
|---|---|
| Loan Amounts | $150,000 – $5,000,000+ |
| Max LTV | Up to 70–75% depending on program |
| Loan Term | 12 months to 30 years |
| Income Docs | None required on most programs |
| Min Credit Score | 600+ (some programs lower) |
| Closing Time | 5–15 business days typical |
| Upfront Fees | None |
| States | 43 states including Minnesota |
Cities We Serve in Minnesota
We lend on commercial properties throughout Minnesota, including Minneapolis, Saint Paul, Rochester, Duluth, Bloomington. If the property is in Minnesota — urban, suburban, or rural — we can structure a loan for it. Contact us for a same-day quote regardless of location within the state.
Why Minnesota Borrowers Choose Us Over Local Banks
Local banks in Minnesota are often slow, require mountains of documentation, and reject borrowers who don’t fit a narrow qualification box. We work differently.
- Direct lender since 1998 — We fund our own loans. No brokers, no referral fees passed to you, no committee approval delays.
- Same-day response — Submit your deal and hear back from a decision maker within hours, not days or weeks.
- No upfront fees — We never charge application fees, processing fees, or due diligence fees before closing.
- No tax returns on most programs — We qualify based on the asset and its income, not your personal tax history.
- Fast closings — Most Minnesota commercial loans close in 5–15 business days from application to funding.
- Common-sense underwriting — We look at the deal, not just the borrower’s credit file. If the property makes sense, we find a way to fund it.
Frequently Asked Questions — Commercial Loans in Minnesota
Do I need a Minnesota business entity to get a commercial loan?
No. You can borrow as an individual, LLC, corporation, or partnership. Most investors use an LLC for liability protection, but it is not required to qualify. We lend to all entity types in Minnesota.
How fast can you close a commercial loan in Minnesota?
Most Minnesota commercial loans close in 5–15 business days from application to funding, depending on the program and how quickly the appraisal is completed. Hard money loans can sometimes close in as little as 5 business days. We provide a same-day term sheet so you know exactly where you stand.
What Commercial Loan Programs Are Most Used in Minnesota?
DSCR loans are popular in Minnesota for multifamily and investment property portfolios in the Twin Cities. Hard money loans are used for commercial fix-and-flip and value-add opportunities in Minneapolis and Saint Paul. SBA loans are common for Minnesota’s large population of small business owners.
What is the minimum loan amount for commercial loans in Minnesota?
Our minimum loan amount is $150,000 for commercial properties in Minnesota. There is no maximum — we have closed loans well above $5 million. For deals under $150,000, we can sometimes make exceptions depending on the property type and location.
Ready to get a commercial loan in Minnesota? Apply online here or call us at 877-895-3634. Same-day response, no credit pull, no upfront fees. We have been closing commercial loans since 1998 and we know how to get difficult deals done.
Commercial Loans by City in Minnesota
We lend in every market in Minnesota. Here is an overview of our activity in the state’s major commercial real estate markets.
Commercial Loans in Minneapolis, Minnesota
Minneapolis is the dominant commercial real estate market in the Upper Midwest, with exceptionally strong fundamentals across multifamily, industrial, and office sectors. The North Loop, Northeast, and Uptown neighborhoods are hotbeds for mixed-use and retail investment. DSCR loans are widely used for Minneapolis’s large and active multifamily investor community.
Commercial Loans in Saint Paul, Minnesota
Saint Paul offers more affordable entry points than Minneapolis while sharing the same strong Twin Cities fundamentals. Commercial demand is anchored by state government, healthcare, and education. Hard money and bridge loans are popular for value-add multifamily acquisitions in Saint Paul’s competitive but accessible market.
Commercial Loans in Rochester, Minnesota
Rochester, New York is anchored by the University of Rochester, RIT, and a significant manufacturing legacy, creating consistent demand for office, industrial, and multifamily properties. Commercial prices are significantly more affordable than downstate markets, offering strong cap rates. DSCR and hard money loans are widely used.
Commercial Loans in Duluth, Minnesota
Duluth is a growing commercial market anchored by port activity, healthcare, and a booming outdoor tourism economy. Hospitality and mixed-use properties along the lakefront are particularly in demand. Stated income and hard money loans are popular for Duluth’s self-employed and investor borrower community.
Commercial Loans in Bloomington, Minnesota
Bloomington is one of Minnesota’s key commercial markets with consistent demand for multifamily, retail, and industrial properties. We offer all commercial loan programs in Bloomington with same-day responses and no upfront fees.