Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Spring Green, Wisconsin

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Spring Green, Wisconsin, we've assembled a list of local small business banks that you should contact.

Local Spring Green Lenders

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

Small Business Bank Recent SBA Loans
M & I Bank - Spring Green  
Royal Bank 1
The Peoples Community Bank 2

Business Loan Providers for Spring Green Businesses

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

Small Business Bank Recent SBA Loans
Excel National Bank
Beverly Hills, CA
1
M&i Marshall & Ilsley Bank
Milwaukee, WI
3
Oak Bank
Fitchburg, WI
1
State Bank Of Cross Plains
Cross Plains, WI
2
The Peoples Community Bank
Mazomanie, WI
4
Wells Fargo Bank
San Jose, CA
1

Business Loan Advice for Spring Green Businesses

As a prerequisite to meeting with lenders for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you plan to pay the loan back to the lender.

A well-defined business plan is an important prerequisite. If the bank loan is to for an existing 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 pledge your personal assets, such as your individual retirement account or pension plan. 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 these banks are SBA lenders. Before you sit down to talk with a small business banker, 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 the ball rolling, we recommend you read 504 Loans.

More Business Lender Lists for Wisconsin Cities
Get a Business Loan in Sparta
Get a Business Loan in Stevens Point

Browse All Business Loan Sources for Wisconsin