Loan Census Banking News and Information
August 20, 2019  
 
 
  Business Loan Information  
 

Springboro, Ohio Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Springboro, Ohio 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.

If you are looking for a small business loan and your business is based in Springboro, Ohio, we've assembled a list of local small business banks that you should contact.

Local Springboro Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank One - Banking Centers- Springboro  
First Finan Bank 3
First Financial Bank  
The Community National Bank 1

Other Lending Resources for Springboro Businesses

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

Small Business Bank Recent SBA Loans
Business Loan Center, LLC
Panama City Beach, FL
1
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
1
Fifth Third Bank
Cincinnati, OH
3
Fifth Third Bank
Dayton, OH
3
First Finan Bank
Hamilton, OH
1
Franklin S & L Co
Cincinnati, OH
1
Irwin Franchise Cap. Corp
Montvale, NJ
1
Jpmorgan Chase Bank
Houston, TX
11
Keybank National Association
Cleveland, OH
1
National City Bank
Cleveland, OH
13
National City Bank
Indianapolis, IN
1
Oak Hill Banks
Centerville, OH
1
Oak Hill Banks
Mason, OH
1
Pnc Bank, National Association
Philadelphia, PA
1
Small Business Loan Source LLC
Houston, TX
1
The Huntington National Bank
Columbus, OH
3
The Huntington National Bank
Zanesville, OH
1
U.S. Bank National Association
Cincinnati, OH
13
Ups Capital Business Credit
Windsor, CT
1
Wright Patt Cu Inc
Fairborn, OH
1

Springboro Bank Loan Tips

Before meeting with banks to discuss getting a bank loan, you will need to determine exactly what size loan you will be asking for.

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

Having a business plan is essential. If the money is to for a going concern, you should also have financial statements covering the last three years. You will also need to discuss 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 to guarantee the loan 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 are SBA lenders. 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 new to our Gaebler.com site, you should know that we are deeply committed to aiding small business owners, and we have a lot of information pertaining to to Raising Money. For example, we would suggest you read 504 Loans.

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