Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Flushing, Michigan Small Business Loans

 
Loan Census SBA Loan Info

Small business loans in Flushing, Michigan 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 Flushing, Michigan, we've assembled a list of local small business banks that you should contact.

Local Flushing Banks

To assist you in finding a small business banker, here's our list of small business banks in Flushing.

Small Business Bank Recent SBA Loans
Citizens Bank  
D & N Bank  
Fifth Third Bank  

Other Lending Resources for Flushing Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank
Flint, MI
1
Citizens Bank
Lansing, MI
11
Fifth Third Bank
Ada, MI
1
Fifth Third Bank
Cincinnati, OH
2
Jpmorgan Chase Bank
Houston, TX
10
Lasalle Bank Midwest
Troy, MI
1
Newtek Small Business Finance Inc.
New York, NY
1
Nuunion Cu
Lansing, MI
1
Rbs Citizens
Providence, RI
1

Flushing Bank Loan Tips

As a prerequisite to contacting banks 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 explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the bank.

Having a business plan is is critically important. If the financing is to for a going concern, 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 secure the business with 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 the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business 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

If you are serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Realistic Debt Financing Options.

Business Loan Sources for Other Cities in Michigan
Get a Business Loan in Flint
Get a Business Loan in Freeland

Browse All Business Loan Sources for Michigan