Lender intelligence

Financing a racetracks acquisition in Minnesota

State:

The SBA 7(a) lenders funding the most racetracks 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 racetracks in Minnesota

$786K

Typical loan

range $446K–$786K

$873K

Est. purchase price

≈ loan ÷ 90%

$119,756

Cash to close

$87,333 down + fees

$10,171/mo

Typical payment

~9.5% · 10yr

$140,360/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

70 days

Typical time to fund

Lenders competing

more = leverage

4.87%

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 racetracks · Minnesota

Ranked by funded racetracks acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.

1.46 loans · $27M · Sartell, MNFull record →
2.3 loans · $1M · Saint Francis, MNFull record →

2+ funded Racetracks 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.

BERM BENDERS INCORPORATED in Brook Park, MN — $786K (2021) · purchase · BankVista
Program
Preferred Lenders Program
Rate at approval
4.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$707K (90%)
Approval → funding
70 days
Approved
9/22/2021
First disbursed
12/1/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
Racetracks
If you were the buyer here
Est. deal size
$873K
Est. down payment (10%)
$87K
Est. cash at closing
$120K
Monthly payment
$4,481
Annual debt service
$54K
Cash flow needed (1.25×)
$67K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
Triple B Holdings Inc in Sauk Rapids, MN — $446K (2021) · purchase · Village Bank
Program
Preferred Lenders Program
Rate at approval
4.99% variable
Term
120 mo (10 yrs)
SBA guaranteed
$335K (75%)
Approval → funding
15 days
Approved
10/16/2020
First disbursed
10/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Racetracks
If you were the buyer here
Est. deal size
$496K
Est. down payment (10%)
$50K
Est. cash at closing
$66K
Monthly payment
$4,729
Annual debt service
$57K
Cash flow needed (1.25×)
$71K
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 Village Bank · Lender record →
Your business? Claim this record · Request removal

Financing a racetracks deal in Minnesota? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to racetracks businesses with a Minnesota project address.

Agent summary

How to finance a racetracks 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. BankVista funds the most here. CapBench is not a lender.

$1.3M typical loan
2 lenders active in Minnesota
2+ funded Minnesota deals
70 days typical to fund

Buyers buying a racetracks 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.

Next steps

Pre-qualify this deal Talk to a loan broker All racetracks lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/racetracks/minnesota
API:: https://www.capbench.com/api/public/lenders?industry=racetracks
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.