Loan Census Banking News and Information
August 8, 2020  
 
 
  Business Loan Information  
 

Lorain, Ohio Business Loan

 
Loan Census SBA Loan Info

I need a loan for my business in Lorain, Ohio! If that's what's on your mind, you've come to the right place.

We wrote this article for small business proprietors in Lorain, Ohio who are interested in getting a small business loan.

Local Lorain Lenders

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

Small Business Bank Recent SBA Loans
Bank One - Banking Centers- Lorain- Broadway 20th Office  
Bank One - Banking Centers- Lorain- Midcities 58 Office  
Bank One - Banking Centers- Lorain- Southview Office  
Buckeye Community Bank 9
Charter One Bank  
Dollar Bank Midway Mall Office  
Fifth Third Bank  
Fifth Third Securities Inc  
First Federal Savings & Loan Association of Lorain  
Firstmerit  
The Lorain National Bank 91

Other Lending Resources for Lorain Businesses

Be sure to speak with bankers outside of Lorain, Ohio. These banks, in the table below, have lent to other Lorain small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Home Savings & Loan Co - Youn
Youngstown, OH
1
Business Loan Center, LLC
New York, NY
1
California Bank & Trust
San Diego, CA
2
Capital One
Mclean, VA
2
Cit Small Business Lending Corp
Livingston, NJ
5
Citizens Bank
Pepper Pike, OH
1
Comerica Bank
Dallas, TX
1
Firstmerit Bank
Akron, OH
6
Firstmerit Bank
Elyria, OH
2
Jpmorgan Chase Bank
Houston, TX
3
National City Bank
Cleveland, OH
16
National City Bank
Indianapolis, IN
4
Newtek Small Business Finance Inc.
New York, NY
1
Rbs Citizens
Cleveland, OH
1
Rbs Citizens
Providence, RI
3
The Huntington National Bank
Columbus, OH
3
The Huntington National Bank
Salineville, OH
1
The Huntington National Bank
Warren, OH
2
U.S. Bank National Association
Cincinnati, OH
5

Lorain Business Loan Advice

Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.

Improve your odds by talking to as many banks as possible.

When getting a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.

By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best possible small business loan.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are new to our Gaebler.com site, you should know that we are devoted to assisting entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we would suggest you read Angel Investors.

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