If you are hoping to get a small business loan and your business is based in Trenton, Georgia, we've assembled a list of local small business banks that you should contact.
Local Trenton Banks
Without further adieu, here's our list of small business banks in Trenton.
|Small Business Bank
||Recent SBA Loans
|Bank of Dade
|Citizen's Bank & Trust Inc
SBA Lenders for Trenton Businesses
This is a list of banks outside of Trenton, Georgia that have provided SBA loans to Trenton businesses. Some of these may be national banks with local branch locations.
Business Loan Advice for Trenton Businesses
Prior to reaching out to lenders for a loan, you will need to have a specific plan.
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 your ability to pay the loan back to the lender.
Having a business plan is essential. If the financing is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure 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 the equity in your home. 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. Prior to visiting local banks, 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 serious about Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
More Business Loan Info for Georgia
Get a Business Loan in Toccoa
Get a Business Loan in Tucker
Browse All Business Loan Sources for Georgia