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

Business Loan Sheboygan, Wisconsin

 
Loan Census SBA Loan Info

Looking for a Sheboygan, Wisconsin small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

These materials were prepared for small business owners in Sheboygan, Wisconsin who are interested in getting debt financing.

Local Sheboygan Lending Resources

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

Small Business Bank Recent SBA Loans
Amcore Bank  
Associated Bank 7
Bank Mutual - Main OFC  
Bank Mutual - Motor Bank  
Community Bank & Trust 567
First Federal - Sheboygan Park & Save  
Guaranty Bank - Supermarket Branch Locations- North-Piggly Wiggly  
Guaranty Bank - Supermarket Branch Locations- South Piggly Wiggly  
Johnson Bank  
M & I Bank  
M&i Marshall & Ilsley Bank 4
Wisconsin Community Bank 30

Other Lending Resources for Sheboygan Businesses

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

Small Business Bank Recent SBA Loans
Associated Bank
Green Bay, WI
26
Associated Bank
Neenah, WI
3
Bank First National
Manitowoc, WI
1
Capital One
Mclean, VA
4
Citizens Bank
Kaukauna, WI
1
Community Bank Group
Random Lake, WI
2
Community Bank Group
Reedsburg, WI
1
Cornerstone Community Bank
Grafton, WI
1
Investors Community Bank
Manitowoc, WI
3
Johnson Bank
Racine, WI
4
M&i Marshall & Ilsley Bank
Milwaukee, WI
18
Port Washington State Bank
Port Washington, WI
1
State Bank Of Chilton
Chilton, WI
1
Wells Fargo Bank
Milwaukee, WI
2
Wells Fargo Bank
Minneapolis, MN
2
Wells Fargo Bank
San Jose, CA
5

Tips for Getting a Business Loan in Sheboygan

Before reaching out to banks for a loan, you will need to determine exactly what size loan you will be asking for.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the money back to the bank.

Being able to present a well-written business plan is essential. If the capital is to for a going concern, you should also have financial statements covering the last three years. In addition, you should itemize 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, you will likely be asked to secure the business 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. 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

If you are planning on 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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