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March 29, 2024  
 
 
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Cazenovia, New York Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Cazenovia, New York 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 looking for a small business loan and your business is based in Cazenovia, New York, we've assembled a list of local small business banks that you should contact.

Business Loan Providers for Cazenovia Businesses

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

Small Business Bank Recent SBA Loans
Alliance Bank
Syracuse, NY
2
Capital One
Mclean, VA
1
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Hsbc Bank Usa
Syracuse, NY
2
Independence Bank
East Greenwich, RI
1
Manufacturers & Traders Trust
Amherst, NY
2
Manufacturers & Traders Trust
Buffalo, NY
1
New York Business Devel Corp
Albany, NY
1
Pnc Bank, National Association
Pittsburgh, PA
1
The Oneida Savings Bank
Oneida, NY
6

Cazenovia Bank Loan Tips

Prior to meeting with 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, walk the banker through the planned use of proceeds, and show how you plan to pay the loan back to the bank.

Having a business plan is is critically important. If the loan 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 to guarantee the loan with 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 participate in the financial assistance programs available through the SBA. Prior to visiting local banks, 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

Make the effort and learn as much as you can about Raising Money. For starters, we recommend you read Getting a Small Business Loan.

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