Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Sheffield, Alabama Business Loan

 
Loan Census SBA Loan Info

Small business loans in Sheffield, Alabama are available. You just need to talk to the right bank.

These materials were prepared for entrepreneurs in Sheffield, Alabama who are interested in getting a bank loan.

Local Sheffield Lenders

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

Small Business Bank Recent SBA Loans
Bank Independent 1
Colonial Bank - Banking Offices- Muscle Shoals  
First Metro Bank - Florence  
First Metro Bank - Tuscumbia  

Banks that Lend to Sheffield Businesses

Banks outside of Sheffield will often lend to entrepreneurs in Sheffield, AL. Here's a list of out-of-area banks that have recently made loans to Sheffield entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Alabama or from out of state.

Small Business Bank Recent SBA Loans
Business Loan Center, LLC
Panama City Beach, FL
1
First Southern Bank
Muscle Shoals, AL
1
Nara Bank
Los Angeles, CA
1
Regions Bank
Montgomery, AL
1

Sheffield Business Loan Advice

Every business owner eventually goes through this.

"I need cash for my business!" you'll say.

Maybe you need a $20,000 small business loan to cover payroll. Perhaps you need a $500,000 business loan to buy some new equipment.

It's time to get to know a small business banker in Sheffield.

Sure, there are other sources of small business funding: person to person loans, equity financing, and receivables factoring, to name a few.

But, in the final analysis, securing a small business loan from a small-business friendly bank is often the better tactic for a small business to get money fast to meet short-term business objectives.

Gaebler.com Advice on Raising Money

Take the time to learn as much as you can about Raising Money. To get started, we recommend you read SBIR Funding.

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