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

Hazelton, Idaho Small Business Loans

 
Loan Census SBA Loan Info

Small business loans in Hazelton, Idaho are available. You just need to talk to the right bank.

If you are hoping to get a small business loan and your business is based in Hazelton, Idaho, we've assembled a list of local small business banks that you should contact.

Local Hazelton Business Lenders

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

Small Business Bank Recent SBA Loans
U S Bank  

Business Loan Providers for Hazelton Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Zions First National Bank
Salt Lake City, UT
2
Zions First National Bank
West Valley City, UT
2

Hazelton Bank Loan Tips

As a prerequisite to reaching out to lenders for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the money back to the lender.

A well-defined business plan is essential. If the capital is to for a company that is already doing business, 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 cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to to guarantee the loan with your personal assets, such as your individual retirement account or pension plan. 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 participate in the financial assistance programs available through the SBA. 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

If you are planning on Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Choosing VC Firms.

Business Loan Sources for Other Cities in Idaho
Get a Business Loan in Hayden
Get a Business Loan in Idaho Falls

Browse All Business Loan Sources for Idaho