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

Glenpool, Oklahoma Business Loan

 
Loan Census SBA Loan Info

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

We wrote this article for entrepreneurs in Glenpool, Oklahoma who are interested in getting a bank loan.

Local Glenpool Business Loan Sources

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

Small Business Bank Recent SBA Loans
Citizens Security Bank & Trust 1

Lenders for Glenpool Businesses

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

Small Business Bank Recent SBA Loans
Bancfirst
Oklahoma City, OK
3
Bank - Oklahoma
Tulsa, OK
2
Bank Of America
Charlotte, NC
2
Business Loan Center, LLC
New York, NY
1
Cit Small Business Lending Corp
Livingston, NJ
1
Innovative Bank
Oakland, CA
1
Midfirst Bank
Oklahoma City, OK
1
Onb Bank And Trust Company
Tulsa, OK
4
Stillwater National Bank & Trust
Stillwater, OK
1

Glenpool Business Loan Advice

Prior to contacting 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, describe what the money will finance, and show your ability to pay the loan back to the bank.

A well-defined business plan is essential. If the money 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, you will likely be asked to secure the business with 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 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 passionate about assisting entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we recommend you read 504 Loans.

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