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March 29, 2024  
 
 
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Business Loan Harlingen, Texas

 
Loan Census SBA Loan Info

Looking for a Harlingen, Texas 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.

This article is written specifically for small business owners in Harlingen, Texas who are interested in getting a bank loan.

Local Harlingen Lenders

To assist you in finding a small business banker, here's our list of small business banks in Harlingen.

Small Business Bank Recent SBA Loans
Alamo Bank of Texas  
American Bank  
Bank Of America  
Capital One 5
Texas State Bank 3
The Frost National Bank 1

Banks that Lend to Harlingen Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
2
Bank Of The West
San Francisco, CA
1
Border Cap. Bank
Mcallen, TX
1
Business Loan Center, LLC
New York, NY
5
Business Loan Center, LLC
Panama City Beach, FL
15
Capital One
Houston, TX
1
Capital One
Mclean, VA
3
First Commun Bank
San Benito, TX
1
Innovative Bank
Oakland, CA
7
Inter National Bank
Weslaco, TX
1
International Bank Of Commerce
Laredo, TX
1
Jpmorgan Chase Bank
Houston, TX
5
Lehman Brothers Bank, FSB
Boston, MA
1
Superior Financial Group, LLC
Walnut Creek, CA
1
Texas State Bank
Mcallen, TX
9
Texas State Bank
Weslaco, TX
1
The Frost National Bank
Alamo, TX
9
Ups Capital Business Credit
Windsor, CT
1
Wells Fargo Bank
San Antonio, TX
2
Wells Fargo Bank
San Jose, CA
3

Tips for Getting a Business Loan in Harlingen

As a prerequisite to meeting with lenders to discuss getting a bank loan, you will need to develop the specifics of your loan request.

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 your ability to pay the loan back to the lender.

Being able to present a well-written business plan is an important prerequisite. If the 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 secure the business with your personal assets, such as your individual retirement account or pension plan. 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 these banks participate in the financial assistance programs available through the SBA. Prior to visiting local banks, 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

If you are serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Business Incubators.

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