Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

Business Loan Shorewood, Illinois

 
Loan Census SBA Loan Info

Looking for a Shorewood, Illinois 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 entrepreneurs in Shorewood, Illinois who are interested in getting a bank loan.

Local Shorewood Banks

Without further adieu, here's our list of small business banks in Shorewood.

Small Business Bank Recent SBA Loans
Bank and Trust Standard  
Bank of America  
Bank One - Banking Centers- Shorewood  
Charter One Bank  
Fifth Third Bank  

SBA Lenders for Shorewood Businesses

Be sure to speak with bankers outside of Shorewood, Illinois. These banks, in the table below, have lent to other Shorewood 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
Banco Popular North America
New York City, NY
2
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
First National Bank Of Arizona
Scottsdale, AZ
2
Harris National Association
Joliet, IL
2
Lasalle Bank
Chicago, IL
1
Merchants & Mfr. Bk
Channahon, IL
1
Nara Bank
Los Angeles, CA
3
National City Bank
Cleveland, OH
2
Shorebank
Bellwood, IL
2
Stearns Bank
Saint Cloud, MN
1
The Foster Bank
Chicago, IL
1
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Shorewood

Getting a bank loan is one of the most common sources of funding for a small business, but getting a loan requires a fair amount of work.

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 better loan terms 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 meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

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