Loan Census Banking News and Information
December 1, 2020  
 
 
  Business Loan Information  
 

Pasadena, Texas Business Loan

 
Loan Census SBA Loan Info

Raising money in Pasadena, Texas? If so, you'll want to talk to some of these small business lenders in Pasadena.

These materials were prepared for small business owners in Pasadena, Texas who are interested in getting a bank loan.

Local Pasadena Business Lenders

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

Small Business Bank Recent SBA Loans
Bank Of America  
Bank One  
Texas Coastal Bank 1
Trustmark National Bank 1

Lenders for Pasadena Businesses

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

Small Business Bank Recent SBA Loans
1st Choice Bank
Houston, TX
7
1st Choice Bank
South Houston, TX
2
Amegy Bank
Houston, TX
1
Amegy Bank
Kingwood, TX
2
Amresco SBA Holdings, Inc.
Irving, TX
1
Banco Popular North America
New York City, NY
5
Bank Of America
Charlotte, NC
20
Bank Of The West
San Francisco, CA
1
Business Loan Center, LLC
New York, NY
6
Business Loan Center, LLC
Richmond, VA
4
Capital One
Lindale, TX
1
Capital One
Mclean, VA
4
Cit Small Business Lending Corp
Livingston, NJ
2
Comerica Bank
Dallas, TX
2
Comerica Bank
Houston, TX
6
Compass Bank
Birmingham, AL
1
Innovative Bank
Oakland, CA
28
Irwin Franchise Cap. Corp
Montvale, NJ
1
Jpmorgan Chase Bank
Houston, TX
43
Mainstreet Lender 7(a), LLC
Chevy Chase, MD
1
Metrobank
Houston, TX
5
Millennium State Bank Of Texas
Dallas, TX
1
Omnibank, National Association
Houston, TX
1
Pnc Bank, National Association
Philadelphia, PA
1
Regions Bank
Atlanta, GA
1
Southwestern National Bank
Houston, TX
1
Sterling Bank
Houston, TX
7
Superior Financial Group, LLC
Walnut Creek, CA
1
Temecula Valley Bank
Temecula, CA
1
Transamerica Small Business Capita
Greenville, SC
1
Trustmark National Bank
Houston, TX
1
Trustmark National Bank
Jackson, MS
1
United Central Bank
Garland, TX
2
United Central Bank
Houston, TX
2
Wachovia Bank
La Porte, TX
1
Wachovia SBA Lending, Inc.
Roseville, CA
2
Washington Mutual Bank
Henderson, NV
5
Washington Mutual Bank
Houston, TX
1
Wells Fargo Bank
Austin, TX
4
Wells Fargo Bank
Houston, TX
2
Wells Fargo Bank
San Antonio, TX
1
Wells Fargo Bank
San Jose, CA
4
Wells Fargo Bank
Sioux Falls, SD
7
Woodforest National Bank
Houston, TX
4
Zions First National Bank
West Valley City, UT
1

Pasadena Business Loan Advice

Prior to contacting banks to get a bank 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, describe what the money will finance, and show your ability to pay the loan back to the bank.

Being able to present a well-written business plan is is critically important. If the capital is to for an existing 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 to guarantee the loan 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 these banks participate in the financial assistance programs available through the SBA. Prior to visiting local banks, 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 educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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