The Helm: banking, lending and business insight for Minnesota

Recent Posts from Andy Schornack

A tractor pulls a planter across a freshly worked field in spring, a new season on the family farm

Buying the Family Farm from Your Parents in Minnesota Plenty of land in our counties changes hands without an auction. It passes from parents to a son or daughter who has farmed beside them for years, …

Two business partners shake hands in an office after agreeing to a partner buyout

How to Buy Out a Business Partner in Minnesota When a business partner decides to leave, the hard conversation usually comes first. The money question comes right after it: what is the share …

Business Strategy

Minnesota small business owner meeting with a local bank about a small business loan

Small Business Loans in Minnesota From a Local Bank Every small business loan in Minnesota starts with the same two questions: which loan fits what you are buying, and who will decide it. The second …

SBA & Other Government Loan Programs

Three engineers review a laptop beside automated production equipment in a manufacturing plant

How a Borrowing Base Works for a Minnesota Line of Credit A business line of credit with a borrowing base carries two numbers, and the second one decides what you can draw. The commitment is the most the …

A city hall with a stone clock tower and brick front on a summer morning

Investment Pool vs. Bank Deposit for Minnesota Public Funds Most Minnesota cities, counties, townships and school districts keep public funds in two places: a statewide investment pool, such as the 4M Fund, …

Treasury Management

A new home framed on an open rural lot at sunset, the kind of build a land loan in Minnesota starts

Land Loans in Minnesota: Buying a Lot to Build Your Home The house you want to build starts with the ground under it, and the ground is financed differently than the house. Land loans in Minnesota generally …

Real Estate Tips

Prev

1 2 3 4 5 ... 10

Next