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March 29, 2024  
 
 
  Business Loan Information  
 

Elizabethtown, Pennsylvania Small Business Loans

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Elizabethtown, Pennsylvania, we've assembled a list of local small business banks that you should contact.

Local Elizabethtown Business Loan Sources

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

Small Business Bank Recent SBA Loans
Citizens Bank - Elizabethtown  
Farmers First Bank - Banking Offices- Administrative Headquarters- Lancaster County Off  
Farmers First Bank - Elizabethtown- Banking Offices- Lancaster County Off  

Lenders for Elizabethtown Businesses

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

Small Business Bank Recent SBA Loans
Business Loan Center, LLC
New York, NY
1
California Bank & Trust
Sacramento, CA
1
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank Of Pennsylvania
Philadelphia, PA
2
Commerce Bank/harrisburg Natl
Lemoyne, PA
5
Firstrust Savings Bank
Conshohocken, PA
1
Manufacturers & Traders Trust
Amherst, NY
1
Manufacturers & Traders Trust
Baltimore, MD
1
Manufacturers & Traders Trust
Buffalo, NY
2
Manufacturers & Traders Trust
Towson, MD
3
Pnc Bank, National Association
Philadelphia, PA
1
Pnc Bank, National Association
Pittsburgh, PA
1
Rbs Citizens
Providence, RI
10
Sovereign Bank
Villanova, PA
2
Susquehanna Bank Pa
Lititz, PA
5
Wachovia Bank
Charlotte, NC
1

Elizabethtown Bank Loan Tips

As a prerequisite to meeting with lenders 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 lender.

A well-defined business plan is essential. If the money is to for a company that is already doing 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 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 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 educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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