Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Belton, Missouri Business Loan

 
Loan Census SBA Loan Info

Small business loans in Belton, Missouri are available. You just need to talk to the right bank.

These materials were prepared for small business proprietors in Belton, Missouri who are interested in getting a small business loan.

Local Belton Business Lenders

Without further adieu, here's our list of small business banks in Belton.

Small Business Bank Recent SBA Loans
Allen Bank And Trust Company 1
Bank 10  
Bank Of America  
Bank Of Belton 43
Commercial Federal Bank  
Hawthorn Bank 1

SBA Lenders for Belton Businesses

This is a list of banks outside of Belton, Missouri that have provided SBA loans to Belton businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
1st National Bank - Ola
Olathe, KS
1
Bank Of America
Charlotte, NC
2
Bank Of Blue Valley
Overland Park, KS
2
Capital One
Mclean, VA
3
Commerce Bank
Kansas City, MO
4
Community So. Bank D.b.a Commun
Parsons, TN
1
Country Club Bank
Kansas City, MO
1
National Bank Of Kansas City
Overland Park, KS
1
Security Bank Of Kansas City
Fairway, KS
1
Stearns Bank
Saint Cloud, MN
1
Summit Bank Of Kansas City
Lee's Summit, MO
2
U.S. Bank National Association
Cincinnati, OH
1
Umb Bank
Kansas City, MO
2

Belton Business Loan Advice

Prior to contacting banks to get a bank loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the loan back to the bank.

Having a business plan is is critically important. If the loan is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as the equity in your home. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list participate in the financial assistance programs available through the SBA. Before meeting with the banker, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Take the time to learn as much as you can about Raising Money. For starters, we suggest you read Business Line of Credit.

More Business Lender Lists for Missouri Cities
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