Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Buchanan, Georgia Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Buchanan, Georgia small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

If you are planning on applying for a small business loan and your business is based in Buchanan, Georgia, we've assembled a list of local small business banks that you should contact.

Local Buchanan Lending Resources

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

Small Business Bank Recent SBA Loans
First National Bank of Georgia - Administration  
First National Bank of Georgia - Tallapoosa- Customer Service Bookkee  

Business Loan Providers for Buchanan Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
1
Citizens Bank & Tr - W. Georgia
Carrollton, GA
1
Southern Community Bank
Fayetteville, GA
1

Buchanan Bank Loan Tips

Prior to reaching out to lenders to get a bank loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, define how the money will be used, and show how you intend to to pay the loan back to the lender.

Being able to present a well-written business plan is essential. If the capital is to for a going concern, 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 you cannot repay the loan.

If the business has few assets, you will likely be asked to pledge your personal assets, such as your individual retirement account or pension plan. 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 are SBA lenders. Before meeting with the 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 serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Attracting Investors.

Business Loan Sources for Other Cities in Georgia
Get a Business Loan in Brunswick
Get a Business Loan in Buford

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