Swiftstead Commercial Capital, a small-business funding broker in St. Cloud, Minnesota, serves Clearwater, MN owners by phone and online. ZIP 55320, which includes Clearwater, had 139 employer establishments, 1,670 paid employees and about $101.7 million in payroll in 2023, with construction the largest sector. Lending partners decide every request.
| Counties | Stearns County and Wright County, MN |
|---|---|
| Distance | Roughly 11.8 miles SSE of St. Cloud, MN |
| ZIP 55320 employers | 139 establishments (ZBP 2023) |
| ZIP 55320 construction | 37 establishments, 70.3% under five staff |
| Not to confuse with | Clearwater, FL |
ZIP 55320 in figures
ZIP 55320 had 139 employer establishments in 2023, with 1,670 paid employees and about $101.7 million in annual payroll; 55.4 percent had fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023). Clearwater covers about 3 percent of the ZIP's land, so most of what is counted sits outside the city.
Clearwater spans Stearns and Wright counties, so no county figures are used on this page.
The ZIP 55320 sector mix
| Sector | Establishments | Share under 5 employees |
|---|---|---|
| Construction | 37 | 70.3% |
| Other services | 20 | 50.0% |
| Retail trade | 18 | 27.8% |
| Transportation and warehousing | 14 | 57.1% |
| Food service and lodging | 10 | 0.0% |
| Professional, scientific and technical services | 8 | 50.0% |
| Health care and social assistance | 7 | 71.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023. Every one of the ZIP's ten food service and lodging employers had five or more employees, a sign of full-staffed operations rather than owner-run counters. Transportation businesses appear in the count, but trucking is outside what our partners fund.
What Clearwater, MN owners ask about
Contractors ask about financing a machine and carrying a job until the owner or general contractor pays; contractor and construction financing covers both. Repair shops and other service businesses tend to have uneven monthly costs, which a business line of credit is designed for. Restaurants with full rosters usually ask about payroll timing and kitchen equipment.
Partners have confirmed four sectors: construction, restaurants, medical and dental practices, and retail and inventory businesses.
Full-staffed kitchens and shops
All ten food service and lodging employers in ZIP 55320 had five or more employees in 2023, and fewer than three in ten of its 18 retail employers were under five (ZIP Code Business Patterns 2023). These are businesses with shift rosters and weekly payrolls. For them, the most common funding questions are payroll timing in a slow week and replacing equipment that fails without warning.
A kitchen replacing a cooler and a shop refitting its counters are both equipment questions; a slow stretch is a cash timing question. Keep the two separate on the call, because they fit different structures.
City and county records
Depending on the address, a Clearwater property may fall under Stearns or Wright County records. Check which before you sign a lease or apply for a permit.
Working with us from Clearwater, MN
Call (320) 208-9595 or use the short form; we ask about the purpose when we call. The office address is 515.5 W St Germain St, St. Cloud, MN 56301. See local figures and contacts or nearby Minnesota towns.
Clearwater, MN businesses we help
Our partners have confirmed appetite for four kinds of business: contractors and construction trades, restaurants and food service, medical and dental practices, and retailers and wholesalers that carry stock. If your Clearwater, MN business is something else, call and ask before you spend time on paperwork.
Paperwork partners commonly ask for
- Recent business bank statements (partners often ask for three to six months)
- Business and personal tax returns for the latest year
- A year-to-date profit and loss statement and balance sheet
- A driver's license or passport for each owner
- Formation documents and your EIN
- For equipment, the seller's quote with make, model and price
Each lending partner sets its own list, so treat this as a starting point.
The steps after your first call
- You call (320) 208-9595 or send the short form (name, contact details and business name). When we speak, we ask what the money is for, how long you have been in business and roughly what the business brings in.
- We explain which funding types fit that use and what partners usually need to see. Nothing is submitted without your go-ahead.
- Once you agree, the request goes to partners that provide that type of funding. The credit decision belongs to each partner.
- When an offer arrives, weigh its full cost, how payments are scheduled and the conditions. Accepting is entirely your choice.
Our address: 515.5 W St Germain St, St Cloud, MN 56301.
By Swiftstead Commercial Capital · Updated