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Metropolitan Economic Development Association logo

Metropolitan Economic Development Association

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Broker and lender for term loans and business lines of creditMinneapolis, MinnesotaBased in Minnesota; service area not yet provided
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BBLL 000487Listed Oct 2026From public recordsLast checked Oct 31, 2026
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About

Minnesota community lender providing commercial loans, credit lines and SBA financing, integrated with consulting and contract connections for underserved business owners.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

Financing they offer

Term loansBusiness lines of creditCommercial real estate loans

Some products may be arranged through other lenders.

General small business
From the lender's own site and public records.

Deal profile

What a business owner asks first
Deal range
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Typical time to funding
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Minimum time in business
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Minimum annual revenue
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Minimum credit score
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Collateral
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Personal guarantee
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Funded volume
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Fees, in writing

Fee details reported by the lender
Origination fee
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Prepayment terms
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Fees disclosed in writing
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Fee notes
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The lender

Type
Direct business lender
Legal name
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Founded
1971
Charter
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Headquarters
Minneapolis, Minnesota
Service area
Based in Minnesota; service area not yet provided
Meets in person
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Languages
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Program approvals
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Also lends to consumers
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Website
meda.net
LinkedIn
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Loan officers at this lender

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