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March 29, 2024  
 
 
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Dalworthington Gardens, Texas Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Dalworthington Gardens, Texas 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 Dalworthington Gardens, Texas, we've put together a list of local small business banks that you should contact.

Business Loan Providers for Dalworthington Gardens Businesses

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

Small Business Bank Recent SBA Loans
Prosper Bank
Prosper, TX
1
Southwest Bank
Fort Worth, TX
1

Dalworthington Gardens Bank Loan Tips

As a prerequisite to contacting 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 your ability to pay the loan back to the bank.

Being able to present a well-written business plan is essential. If the money 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 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 secure the business 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 these banks are SBA lenders. Before you sit down to talk with a small business 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 learn as much as you can. If you haven't read it already, we recommend you review Business Credit Evaluation.

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