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

Business Loan Poplar Bluff, Missouri

 
Loan Census SBA Loan Info

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

These materials were prepared for small business owners in Poplar Bluff, Missouri who are interested in getting debt financing.

Local Poplar Bluff Business Lenders

To assist you in finding a small business banker, here's our list of small business banks in Poplar Bluff.

Small Business Bank Recent SBA Loans
1st Community Bank - Poplar Bluff  
1st Community Financial Services  
Bank of Poplar Bluff  
Commerce Bank 3
First Community Bank, Missouri 2
First Midwest Bank - Poplar Bluf 2
First Missouri State Bank 4
People's Community State Bank  
Southern Missouri Bank & Trust. 10

Banks that Lend to Poplar Bluff Businesses

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

Small Business Bank Recent SBA Loans
Business Loan Center, LLC
Panama City Beach, FL
1
Capital One
Mclean, VA
2
Commerce Bank
Kansas City, MO
3
New Frontier Bank
Saint Charles, MO
1
Peoples Community Bank
Greenville, MO
1
People's Community State Bank
Doniphan, MO
1
U.S. Bank National Association
Cincinnati, OH
3

Tips for Getting a Business Loan in Poplar Bluff

Prior to contacting banks to get a bank loan, you will need to determine exactly what size loan you will be asking for.

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 essential. If the loan is to for a company that is already doing business, 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 you cannot repay the loan.

If the business has few assets, the bank may ask you to to to guarantee the loan with your personal assets, such as stocks and bonds that you might own or life insurance policies. 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. Prior to visiting local banks, you may want to do your homework 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

Invest the time to learn as much as you can about Raising Money. To get started, we recommend you read 504 Loans.

More Business Lender Lists for Missouri Cities
Get a Business Loan in Pleasant Hill
Get a Business Loan in Raymore

Browse All Business Loan Sources for Missouri