Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Business Loan Russell, Iowa

 
Loan Census SBA Loan Info

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

We wrote this article for small business proprietors in Russell, Iowa who are interested in getting a small business loan.

Banks that Lend to Russell Businesses

Be sure to speak with bankers outside of Russell, Iowa. These banks, in the table below, have lent to other Russell 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
Great Western Bank
Chariton, IA
1
State Central Bank
Keokuk, IA
1

Tips for Getting a Business Loan in Russell

Borrowing money is one of the most common sources of funding for a small business, but securing debt financing requires a fair amount of work.

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

When getting 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 meeting with 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 educate yourself. If you haven't read it already, we recommend you review Choosing VC Firms.

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