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

Butler, Wisconsin Business Loan

 
Loan Census SBA Loan Info

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

This article is written specifically for entrepreneurs in Butler, Wisconsin who are interested in getting a small business loan.

Local Butler Banks

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

Small Business Bank Recent SBA Loans
Bank One - Banking Centers- Waukesha County  

Banks that Lend to Butler Businesses

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

Small Business Bank Recent SBA Loans
Associated Bank
Green Bay, WI
1
Capital One
Mclean, VA
1
Community Bank & Trust
Sheboygan, WI
1
First Bank Financial Centre
Oconomowoc, WI
1
First Banking Center
Burlington, WI
1
U.S. Bank National Association
Cincinnati, OH
4
U.S. Bank National Association
San Diego, CA
1
Waukesha State Bank
Waukesha, WI
1
Wells Fargo Bank
San Jose, CA
1

Butler Business Loan Advice

As a prerequisite to reaching out to banks for a 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, describe what the money will finance, and show how you plan to pay the loan back to the bank.

A well-defined 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. Bankers will also want to know 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 pledge your personal assets, such as your individual retirement account or pension plan. The banks will look at your personal credit report 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 get up to speed 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 get up to speed on the subject. If you haven't read it already, we recommend you review Choosing VC Firms.

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