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March 29, 2024  
 
 
  Business Loan Information  
 

Business Loan Abingdon, Virginia

 
Loan Census SBA Loan Info

I need a loan for my business in Abingdon, Virginia! If that's what's on your mind, you've come to the right place.

These materials were prepared for small business owners in Abingdon, Virginia who are interested in getting a bank loan.

Local Abingdon Banks

To help you learn more about local small business lenders, here's our list of small business banks in Abingdon.

Small Business Bank Recent SBA Loans
Banc Of America Investment Services- Inc  
Bank Of America  
BB & T - Tennessee Branches- Abingdon Main- Virginia Area Branches- Abingdon- ATM Loca  
BB & T Commercial Loans - Virginia Offices  
Blue Ridge Bank  
BTC Abingdon  
Central Fidelity National Bank  
Commonwealth Community Bank  
First 1 Bank of Virginia  
First Bank & Trust  
First Residential Mortgage  
First Vantage Bank Tri-Cities OFC  
Highlands Union Bank - Abingdon  
Highlands Union Bank - East Abingdon  
Highlands Union Bank - West Abingdon  

Banks that Lend to Abingdon Businesses

Banks outside of Abingdon will often lend to entrepreneurs in Abingdon, VA. Here's a list of out-of-area banks that have recently made loans to Abingdon entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Virginia or from out of state.

Small Business Bank Recent SBA Loans
1st Bank & Trust
Bristol, VA
5
Business Loan Center, LLC
Richmond, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank
Elizabethton, TN
2

Tips for Getting a Business Loan in Abingdon

We know exactly where you are at.

"Where can I borrow some money for my business?" you'll say.

Maybe you need a $30,000 small business loan to cover payroll. Perhaps you need a $200,000 business loan to buy some new equipment.

It's time to talk to a small business banker in Abingdon.

Sure, there are other sources of small business funding: borrowing money from investors, venture capital investors, and receivables factoring, to name a few.

But, at the end of the day, procuring a loan from a nearby banker is often the better tactic for a small business to get cash in a hurry to achieve business goals.

Gaebler.com Advice on Raising Money

If you are serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Investor Turnoffs.

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