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

Small Business Lenders in Greenville, Pennsylvania

 
Loan Census SBA Loan Info

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

Local Greenville Banks

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

Small Business Bank Recent SBA Loans
First National Bank - Pennsylvania 39

Banks that Lend to Greenville Businesses

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

Small Business Bank Recent SBA Loans
First National Bank - Pennsylvania
Hermitage, PA
8
First Place Bank
Warren, OH
1
Mercer County State Bank
Sandy Lake, PA
1
National City Bank
Cleveland, OH
6
National City Bank
Erie, PA
5
National City Bank
Louisville, KY
1
National City Bank
Pittsburgh, PA
3
Pnc Bank, National Association
Philadelphia, PA
1
Rbs Citizens
Providence, RI
1
The Huntington National Bank
Warren, OH
1
Valley National Bank
North Plainfield, NJ
1

Business Loan Advice for Greenville Businesses

As a prerequisite to reaching out to banks for a 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, define how the money will be used, and show how you plan to pay the loan back to the bank.

Being able to present a well-written business plan is an important prerequisite. If the bank loan is to for a company that is already doing business, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to guarantee 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 pledge 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 are SBA lenders. 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

Gaebler.com is a site that is devoted to supporting entrepreneurs, and we have a lot of information pertaining to to Raising Money. If raising money is on your to-do list, we recommend you read 504 Loans.

More Business Loan Info for Pennsylvania
Get a Business Loan in Greensburg
Get a Business Loan in Grove City

Browse All Business Loan Sources for Pennsylvania