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

Clayton, Missouri Business Loan

 
Loan Census SBA Loan Info

Small business loans in Clayton, Missouri are available. You just need to talk to the right bank.

This article is written specifically for small business owners in Clayton, Missouri who are interested in getting a small business loan.

Local Clayton Lending Resources

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

Small Business Bank Recent SBA Loans
Banc Of America Investment Services- Inc  
Bank of America  
Enterprise Bank & Trust 9
First Banks, Inc. 1
First National Bank - St. Louis 3
Heartland Bank 3
National City Bank 11
Regions Bank 4
The Business Bank Of St. Louis 12
U.S. Bank National Association 1

Other Lending Resources for Clayton Businesses

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

Small Business Bank Recent SBA Loans
California Bank & Trust
Sacramento, CA
1
Capital One
Mclean, VA
2
Commerce Bank
Kansas City, MO
3
Commerce Bank
Kirkwood, MO
1
Eagle Bank & Trust - Missouri
Hillsboro, MO
1
Fifth Third Bank
Grand Rapids, MI
1
First Bank
Creve Coeur, MO
1
Meramec Valley Bank
Valley Park, MO
1
National City Bank
Bannockburn, IL
1
National City Bank
Saint Louis, MO
2
Regions Bank
Birmingham, AL
1
Regions Bank
Memphis, TN
2
U.S. Bank National Association
Cincinnati, OH
1
Wells Fargo Bank
Minneapolis, MN
1

Clayton Business Loan Advice

Prior to contacting banks to discuss getting a bank loan, you will need to determine exactly what size loan you will be asking for.

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

Being able to present a well-written business plan is is critically important. If the capital is to for a company that is already doing 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, the bank may ask you to to pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 are SBA lenders. Before meeting with the banker, you may want to do your homework 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 dedicated to supporting entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, one article that might be of interest to you is Business Cash Advances.

More Business Loan Info for Missouri
Get a Business Loan in Chillicothe
Get a Business Loan in Clinton

Browse All Business Loan Sources for Missouri