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

Small Business Lenders in Oconto Falls, Wisconsin

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Oconto Falls, Wisconsin, we've assembled a list of local small business banks that you should contact.

Local Oconto Falls Lending Resources

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

Small Business Bank Recent SBA Loans
Associated Bank  
Community Bank Financial  
Community Bank Group 1
Heart Associations-Memorials  

Other Lending Resources for Oconto Falls Businesses

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

Small Business Bank Recent SBA Loans
Associated Bank
Green Bay, WI
2
Bank North
Crivitz, WI
1
Baylake Bank
Sturgeon Bay, WI
1
Stephenson National Bank & Tr
Oconto, WI
1
Wells Fargo Bank
San Jose, CA
1
Wells Fargo Bank
Sioux Falls, SD
1

Business Loan Advice for Oconto Falls Businesses

As a prerequisite to contacting banks for a 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, describe what the money will finance, and show how you plan to pay the loan back to the bank.

Being able to present a well-written business plan is an important prerequisite. If the capital is to for a company that is already doing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 you cannot repay the loan.

If the business has few assets, the bank may ask you to to secure the business 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 meeting with the 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

Take the time to learn as much as you can about Raising Money. For starters, we suggest you read Business Cash Advances.

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