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

Small Business Lenders in Jeffersonville, Indiana

 
Loan Census SBA Loan Info

Getting a business loan in Jeffersonville, Indiana 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 Jeffersonville, Indiana, we've assembled a list of local small business banks that you should contact.

Local Jeffersonville Lending Resources

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

Small Business Bank Recent SBA Loans
Bank One - Banking Centers- Jeffersonville  
Bank One Mortgage  
Commonwealth Bank & Trust CO  
Community Bank  
Fifth Third Bank  
First Savings Bank  

SBA Lenders for Jeffersonville Businesses

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

Small Business Bank Recent SBA Loans
Branch Bank & Trust
Winston Salem, NC
1
Capital One
Mclean, VA
2
Community First Bank
Corydon, IN
1
Fifth Third Bank
Grand Rapids, MI
2
Fifth Third Bank
Louisville, KY
4
First Chatham Bank
Savannah, GA
1
Jpmorgan Chase Bank
Houston, TX
6
Key Direct, A Branch Of
Brooklyn, OH
1
Louisville Commun Devel Bk
Louisville, KY
1
National City Bank
Cleveland, OH
5
National City Bank
Indianapolis, IN
3
Pnc Bank, National Association
Philadelphia, PA
2
Pnc Bank, National Association
Pittsburgh, PA
17
Republic Bank & Trust Company
Louisville, KY
1
The Huntington National Bank
Indianapolis, IN
1
U.S. Bank National Association
Cincinnati, OH
5
Wachovia SBA Lending, Inc.
Roseville, CA
1

Business Loan Advice for Jeffersonville Businesses

Before contacting banks for a 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, define how the money will be used, and show your ability to pay the loan back to the bank.

A well-defined 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. 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 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 meeting with the banker, 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

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Business Credit Evaluation.

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