Lender intelligence
Financing a caterers acquisition in Minnesota
The SBA 7(a) lenders funding the most caterers acquisitions in Minnesota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance caterers in Minnesota
$557K
Typical loan
range $200K–$557K
$619K
Est. purchase price
≈ loan ÷ 90%
$82,836
Cash to close
$61,933 down + fees
$7,213/mo
Typical payment
~9.5% · 10yr
$99,539/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
14 days
Typical time to fund
2
Lenders competing
more = leverage
9.5%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active in caterers · Minnesota
Ranked by funded caterers acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public caterers loan history in Minnesota to rank lenders yet. See caterers lenders nationwide →
2+ funded Caterers in Minnesota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Divine Swine Catering, Inc. in Lakeville, MN — $557K (2024) · purchase · New Market Bank
- Program
- 7a General
- Rate at approval
- 8.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $418K (75%)
- Approval → funding
- 14 days
- Approved
- 5/2/2024
- First disbursed
- 5/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Caterers
If you were the buyer here
- Est. deal size
- $619K
- Est. down payment (10%)
- $62K
- Est. cash at closing
- $83K
- Monthly payment
- $6,911
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $104K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by New Market Bank
Your business? Claim this record · Request removal
- RayRaeRey Corporation in Rochester, MN — $200K (2024) · purchase · Coulee Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (75%)
- Approval → funding
- 4 days
- Approved
- 9/27/2024
- First disbursed
- 10/1/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Caterers
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,699
- Annual debt service
- $32K
- Cash flow needed (1.25×)
- $40K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Coulee Bank
Your business? Claim this record · Request removal
Financing a caterers deal in Minnesota? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to caterers businesses with a Minnesota project address.
Agent summary
How to finance a caterers acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. CapBench is not a lender.
- $540K typical loan
- 2 lenders active in Minnesota
- 2+ funded Minnesota deals
- 14 days typical to fund
Buyers buying a caterers in Minnesota typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-20.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.