Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Galliano, Louisiana Small Business Loans

 
Loan Census SBA Loan Info

I need a loan for my business in Galliano, Louisiana! If that's what's on your mind, you've come to the right place.

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

Local Galliano Lending Resources

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

Small Business Bank Recent SBA Loans
Bank One Louisiana NA  
Diebold Inc  
Hibernia Mortgage Banking  
South Lafourche Bank & Trust CO  
State Bank & Trust CO - Galliano Office  

Other Lending Resources for Galliano Businesses

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

Small Business Bank Recent SBA Loans
Cit Small Business Lending Corp
Livingston, NJ
1
Coastal Commerce Bank
Houma, LA
1
Jpmorgan Chase Bank
Houston, TX
1

Galliano Bank Loan Tips

Prior to meeting with 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 introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the money back to the bank.

Having a business plan is essential. If the financing is to for a company that is already doing 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 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. 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 planning on Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review 504 Loans.

Business Loan Sources for Other Cities in Louisiana
Get a Business Loan in Franklin
Get a Business Loan in Gonzales

Browse All Business Loan Sources for Louisiana