Loan Census Banking News and Information
March 26, 2023  
  Business Loan Information  

Aberdeen, South Dakota Business Loan

Loan Census SBA Loan Info

Getting a business loan in Aberdeen, South Dakota seems challenging at first, but we're here to help you get started.

These materials were prepared for small business owners in Aberdeen, South Dakota who are interested in getting a bank loan.

Local Aberdeen Lending Resources

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

Small Business Bank Recent SBA Loans
Cortrust Bank 2
Dacotah Bank 33
First State Bank of Warner  
Great Western Bank 12
Home Federal Bank  
Plains Commerce Bank - Aberdeen Branch  
U S Bank - Branch Office- Aberdeen Office  
Wells Fargo Bank 1
Wells Fargo Home Mortgage  

Business Loan Providers for Aberdeen Businesses

Banks outside of Aberdeen will often lend to entrepreneurs in Aberdeen, SD. Here's a list of out-of-area banks that have recently made loans to Aberdeen 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 South Dakota or from out of state.

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
Great Western Bank
Watertown, SD
Innovative Bank
Oakland, CA
Stearns Bank
Saint Cloud, MN
U.S. Bank National Association
Cincinnati, OH
Wells Fargo Bank
San Jose, CA
Wells Fargo Bank
Sioux Falls, SD

Aberdeen Business Loan Advice

It's inevitable.

"Where can I get a business loan?" you'll say.

Maybe you need a $30,000 small business loan to launch a big advertising campaign. Perhaps you need a $100,000 business loan to buy an office building.

It's time to introduce yourself to a small business lender in Aberdeen.

Sure, there are other options: borrowing family money, private business investors, and merchant cash advance companies, to name a few.

But, in the final analysis, obtaining a small loan from a local bank is often the easiest way for a small business to obtain financing to fund growth plans. Advice on Raising Money

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review How to Raise Money.

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