Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Pekin, Illinois

 
Loan Census SBA Loan Info

I need a loan for my business in Pekin, Illinois! 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 Pekin, Illinois, we've assembled a list of local small business banks that you should contact.

Local Pekin Business Loan Sources

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

Small Business Bank Recent SBA Loans
Associated Bank  
Bank One  
Busey Bank  
Commerce Bank  
First Federal Savings & Loan Association of Pekin  
Heartland Bank & Trust 11
Herget Bank 2
Pekin Community Bank 1

Lenders for Pekin Businesses

Be sure to speak with bankers outside of Pekin, Illinois. These banks, in the table below, have lent to other Pekin 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
Associated Bank
Green Bay, WI
1
Associated Bank
Peoria, IL
1
Bank Of America
Charlotte, NC
2
Capital One
Mclean, VA
4
Commerce Bank
Kansas City, MO
2
First Capital Bank
Peoria, IL
1
Heartland Bank & Trust
Bloomington, IL
9
Innovative Bank
Oakland, CA
9
Jpmorgan Chase Bank
Houston, TX
1
National City Bank
Bannockburn, IL
7
National City Bank
Cleveland, OH
4
Regions Bank
Memphis, TN
1
Regions Bank
Peoria, IL
1
State Bank Of Lincoln
Lincoln, IL
1
Wells Fargo Bank
San Jose, CA
1

Business Loan Advice for Pekin Businesses

Borrowing money is one of the most common sources of funding for a small business, but getting a loan is a time-consuming task.

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

When applying for 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 rate on a small business loan.

Remember, before contacting lenders, 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 serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Business Cash Advances.

Business Loan Sources for Other Cities in Illinois
Get a Business Loan in Park Ridge
Get a Business Loan in Peoria

Browse All Business Loan Sources for Illinois