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

Small Business Lenders in Harrisville, Utah

 
Loan Census SBA Loan Info

Getting a business loan in Harrisville, Utah seems challenging at first, but we're here to help you get started.

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

Other Lending Resources for Harrisville Businesses

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

Small Business Bank Recent SBA Loans
America First Fcu
Riverdale, UT
2
America West Bank
Layton, UT
1
Bank Of Utah
Ogden, UT
1
Goldenwest Fcu
Ogden, UT
1
Keybank National Association
Cleveland, OH
1
Wells Fargo Bank
Phoenix, AZ
1

Business Loan Advice for Harrisville Businesses

Before contacting lenders to get 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, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the lender.

Having a business plan is is critically important. If the loan is to for an existing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 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. Before you sit down to talk with a small business banker, you may want to do your homework 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 get up to speed on the subject. If you haven't read it already, we recommend you review Business Cash Advances.

Business Loan Sources for Other Cities in Utah
Get a Business Loan in Grantsville
Get a Business Loan in Highland

Browse All Business Loan Sources for Utah