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

Franklin, Tennessee Small Business Loans

 
Loan Census SBA Loan Info

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

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

Local Franklin Business Loan Sources

To help you learn more about local small business lenders, here's our list of small business banks in Franklin.

Small Business Bank Recent SBA Loans
1st Trust Bank for Savings - Mortgage Offices  
American Bank Note  
Amsouth Bank - Amsouth Telebanking Center- Branches- Franklin  
Banc Of America Investment Services- Inc  
Bank Of America  
Bank of Commerce  
Civitas Bank Group  
Civitas Bankgroup  
Cumberland Bank  
Ellsworth Systems LLC  
Fifth Third Bank 2
First Tennessee Bank 1
Firstbank  
Greenbank 15
Integrity Mortgage Group Inc  
Pinnacle National Bank - Cool Springs Office  
Primetrust Bank of Franklin  
Primetrust Financial Service  
Regions Bank 2
Tennessee Commerce Bank 9

Banks that Lend to Franklin Businesses

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

Small Business Bank Recent SBA Loans
Bancorpsouth Bank
Brentwood, TN
5
Bancorpsouth Bank
Tupelo, MS
1
Bank Of America
Charlotte, NC
39
Bank Of America
Columbia, SC
1
Branch Bank & Trust
Winston Salem, NC
3
Business Loan Center, LLC
Panama City Beach, FL
2
Capital One
Mclean, VA
7
Capital One Bank (usa)
Glen Allen, VA
1
Cit Small Business Lending Corp
Livingston, NJ
7
Comerica Bank
Dallas, TX
2
Community Bank & Trust
Cornelia, GA
1
Community First Bank And Trust
Columbia, TN
1
Community So. Bank D.b.a Commun
Parsons, TN
1
Community W. Bank
Goleta, CA
2
Compass Bank
Birmingham, AL
1
Fifth Third Bank
Cincinnati, OH
2
Fifth Third Bank
Nashville, TN
9
First Bank
Murfreesboro, TN
1
First Farmers & Merchants Bk
Columbia, TN
1
First Tennessee Bank
Nashville, TN
1
Ge Cap. Small Business Finan Corp
St. Louis, MO
2
Greenbank
Brentwood, TN
1
Greenbank
Greeneville, TN
1
Innovative Bank
Oakland, CA
9
Paducah Bank & Trust
Paducah, KY
1
Pinnacle National Bank
Brentwood, TN
1
Pinnacle National Bank
Mount Juliet, TN
1
Pinnacle National Bank
Murfreesboro, TN
1
Pinnacle National Bank
Nashville, TN
5
Regions Bank
Atlanta, GA
7
Regions Bank
Montgomery, AL
1
Regions Bank
Nashville, TN
1
Southeast Financial Fcu
Nashville, TN
1
Suntrust Bank
Atlanta, GA
3
Suntrust Bank
Richmond, VA
3
Superior Financial Group, LLC
Walnut Creek, CA
8
Temecula Valley Bank
Temecula, CA
1
The Bank Of Nashville
Nashville, TN
2
U.S. Bank National Association
Cincinnati, OH
32
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
Minneapolis, MN
1

Franklin Bank Loan Tips

As a prerequisite to meeting with banks to discuss getting a bank loan, you will need to have a specific plan.

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.

Being able to present a well-written business plan is an important prerequisite. If the money is to for a going concern, 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, the bank may ask you to to pledge your personal assets, such as the equity in your home. 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 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

Take the time to learn as much as you can about Raising Money. For starters, we suggest you read 504 Loans.

Business Loan Sources for Other Cities in Tennessee
Get a Business Loan in Fayetteville
Get a Business Loan in Gallatin

Browse All Business Loan Sources for Tennessee