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

Canby, Oregon Business Loan

 
Loan Census SBA Loan Info

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

We wrote this article for small business owners in Canby, Oregon who are interested in getting debt financing.

Local Canby Lenders

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

Small Business Bank Recent SBA Loans
Keybank - Canby- Keycenters- Damascus  
Mortgage Loan Specialists  
Washington Mutual Bank  
Wells Fargo Bank - Gladstone- Canby Union  

Lenders for Canby Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
2
Business Loan Center, LLC
Panama City Beach, FL
1
Capital One
Mclean, VA
5
Cit Small Business Lending Corp
Livingston, NJ
1
Columbia Community Bank
Hillsboro, OR
2
Community W. Bank
Goleta, CA
1
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Keybank National Association
Cleveland, OH
5
Nara Bank
Los Angeles, CA
1
Natl Consumer Cooperative
Washington, DC
1
The Cowlitz Bank
Portland, OR
1
U.S. Bank National Association
Cincinnati, OH
6
Umpqua Bank
Roseburg, OR
1
Wells Fargo Bank
San Jose, CA
3
West Coast Bank
Lake Oswego, OR
1
West Coast Bank
Wilsonville, OR
7
West Coast Bank
Woodburn, OR
3

Canby Business Loan Advice

Before reaching out to lenders for a loan, you will need to determine exactly what size loan you will be asking for.

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 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 guarantee 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 stocks and bonds that you might own or life insurance policies. 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 these banks 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

Our Gaebler.com site is devoted to helping small business owners, and we have a lot of useful articles about to Raising Money. For example, one article that might be of interest to you is 504 Loans.

Business Loan Sources for Other Cities in Oregon
Get a Business Loan in Brookings
Get a Business Loan in Central Point

Browse All Business Loan Sources for Oregon