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March 28, 2024  
 
 
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Business Loan Brigham City, Utah

 
Loan Census SBA Loan Info

Raising money in Brigham City, Utah? If so, you'll want to talk to some of these small business lenders in Brigham City.

This article is written specifically for entrepreneurs in Brigham City, Utah who are interested in getting a bank loan.

Local Brigham City Banks

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

Small Business Bank Recent SBA Loans
Bank of Utah  
Mountain West Bank  
U S Bank - Brigham City Smith's Office- US Bank Brigham City Smith's  
Washington Mutual - Bank Locations- Brigham City  
Wells Fargo Bank  

Lenders for Brigham City Businesses

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

Small Business Bank Recent SBA Loans
America First Fcu
Riverdale, UT
2
Bank Of Utah
Ogden, UT
7
Cache Valley Bank
Logan, UT
1
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Goldenwest Fcu
Ogden, UT
1
Mountain West Bank
Coeur D'alene, ID
9
U.S. Bank National Association
Cincinnati, OH
4
Webbank
Salt Lake City, UT
1
Wells Fargo Bank
San Jose, CA
3
Zions First National Bank
Salt Lake City, UT
8
Zions First National Bank
West Valley City, UT
23

Tips for Getting a Business Loan in Brigham City

Before reaching out to lenders for a loan, you will need to have a specific plan.

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

A well-defined business plan is essential. If the financing is to for a company that is already doing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 you sit down to talk with a small business banker, you may want to read up on 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

If you are planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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