Loan Census Banking News and Information
September 20, 2019  
 
 
  Business Loan Information  
 

Small Business Lenders in Fairbanks, Alaska

 
Loan Census SBA Loan Info

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

If you are looking for a small business loan and your business is based in Fairbanks, Alaska, we've put together a list of local small business banks that you should contact.

Local Fairbanks Lenders

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

Small Business Bank Recent SBA Loans
Alaska USA Federal Credit Union  
Commercial Loans  
Credit Union 1 - 24 Hour Loan Center  
Denali Alaskan Federal Credit Union - in Touch 24  
Denali State Bank 12
First National Bank Alaska - Interior City Branch  
Gold Coast Mortgage  
Keybank - Keycenters- East College  
Mac Federal Credit Union  
MT McKinley Bank  
Mt. Mckinley Bank 10
Northern Schools Federal Credit Union - Member Service  
Northrim Bank 1
Wells Fargo Bank Alaska NA - Bentley Store  
Wells Fargo Bank NA  
Wells Fargo Home Mortgage  

Other Lending Resources for Fairbanks Businesses

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

Small Business Bank Recent SBA Loans
Alaska Growth Cap. Bidco Inc.
Anchorage, AK
5
Bank Of America
Charlotte, NC
1
Capital One
Mclean, VA
6
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Keybank National Association
Cleveland, OH
6
Mirae Bank
Los Angeles, CA
1
Uniti Bank
Buena Park, CA
1
Wachovia SBA Lending, Inc.
Roseville, CA
1
Wells Fargo Bank
San Jose, CA
8
Wells Fargo Bank
Sioux Falls, SD
3

Business Loan Advice for Fairbanks Businesses

Before contacting lenders to get 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, walk the banker through the planned use of proceeds, and show how you plan to pay the money back to the lender.

Being able to present a well-written business plan is essential. If the financing is to for an existing 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 you cannot repay the loan.

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 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. 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

Gaebler.com is a site that is dedicated to helping entrepreneurs, and we have a lot of information pertaining to to Raising Money. If raising money is on your to-do list, we would suggest you read 504 Loans.

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