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

Marshfield, Wisconsin Business Loan

 
Loan Census SBA Loan Info

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

These materials were prepared for entrepreneurs in Marshfield, Wisconsin who are interested in getting a small business loan.

Local Marshfield Lending Resources

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

Small Business Bank Recent SBA Loans
Associated Bank 1
Community Bank - Cent. Wisconsin 3
Community Bank of Central Wisconsin  
Guaranty Bank  
Heritage Bank  
M & I Bank - Neillesville- Marshfield  
M & I Central Bank & Trust  
M&i Marshall & Ilsley Bank 1
Marshfield Savings Bank 12

Business Loan Providers for Marshfield Businesses

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

Small Business Bank Recent SBA Loans
Abbybank
Abbotsford, WI
1
Associated Bank
Green Bay, WI
11
Capital One
Mclean, VA
2
Citizens Bank
Kaukauna, WI
1
Community First Bank
Stevens Point, WI
2
M&i Marshall & Ilsley Bank
Milwaukee, WI
15
Mcfarland State Bank
Mcfarland, WI
1
River Cities Bank
Stevens Point, WI
1
State Bank Financial
La Crosse, WI
3
Wells Fargo Bank
San Jose, CA
1
Wells Fargo Bank Wisconsin Natl
Milwaukee, WI
1

Marshfield Business Loan Advice

As a prerequisite to reaching out to 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, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the lender.

A well-defined business plan is essential. If the capital is to for a going concern, 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 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 these banks are SBA lenders. Before you sit down to talk with a small business 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

Gaebler.com is a site that is passionate about assisting small business owners, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read 504 Loans.

More Business Loan Info for Wisconsin
Get a Business Loan in Marinette
Get a Business Loan in Menasha

Browse All Business Loan Sources for Wisconsin