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

Orange City, Florida Business Loan

 
Loan Census SBA Loan Info

Small business loans in Orange City, Florida are available. You just need to talk to the right bank.

This article is written specifically for small business proprietors in Orange City, Florida who are interested in getting debt financing.

Local Orange City Lenders

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

Small Business Bank Recent SBA Loans
Bank of America  
Colonial Bank - Banking Offices- Orange City  
Pinnacle Bank 1

Business Loan Providers for Orange City Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
2
Bank Of America
Charlotte, NC
9
Bankfirst
Winter Park, FL
1
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
2
Comerica Bank
Dallas, TX
3
Community So. Bank D.b.a Commun
Knoxville, TN
1
First National Bank - Nassau Cnty
Fernandina Beach, FL
1
Innovative Bank
Oakland, CA
1
Orlando National Bank
Longwood, FL
3
Riverside National Bank - Florida
De Bary, FL
2
Stearns Bank
Saint Cloud, MN
1
Suntrust Bank
Richmond, VA
2
Superior Financial Group, LLC
Walnut Creek, CA
2
Wachovia Bank
Birmingham, AL
1
Washington Mutual Bank
Henderson, NV
2

Orange City Business Loan Advice

Prior to meeting with lenders 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, walk the banker through the planned use of proceeds, and show how you plan to pay the loan back to the lender.

Having a business plan is an important prerequisite. 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, the bank may ask you to to pledge your personal assets, such as the equity in your home. The banks will look at your personal credit report 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 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 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

Make it a priority to learn as much as you can about Raising Money. To get started, we suggest you read 504 Loans.

Business Loan Sources for Other Cities in Florida
Get a Business Loan in Oldsmar
Get a Business Loan in Orange Park

Browse All Business Loan Sources for Florida