Loan Census Banking News and Information
June 2, 2020  
  Business Loan Information  

Small Business Lenders in Glennville, Georgia

Loan Census SBA Loan Info

Looking for a Glennville, Georgia small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

If you are looking for a small business loan and your business is based in Glennville, Georgia, we've assembled a list of local small business banks that you should contact.

Local Glennville Lenders

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

Small Business Bank Recent SBA Loans
Federated ATM Services  
First Citizens Bank  
Glennville Bank - Main OFC  
Glennville Bank & Trust CO  
South Georgia Bank 1

Other Lending Resources for Glennville Businesses

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

Small Business Bank Recent SBA Loans
The Claxton Bank
Claxton, GA
The Privatebank
Atlanta, GA
The Tattnall Bank
Reidsville, GA

Business Loan Advice for Glennville Businesses

Prior to reaching out to 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, define how the money will be used, and show your ability to pay the money back to the bank.

Being able to present a well-written business plan is is critically important. If the capital is to for a going concern, you should also have financial statements covering the last three years. You will also need to discuss 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 look at your personal credit report 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 are SBA lenders. Before you sit down to talk with a small business banker, 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. 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 How Much Venture Capital Is There?.

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