Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Business Loan Albany, Indiana

 
Loan Census SBA Loan Info

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

These materials were prepared for entrepreneurs in Albany, Indiana who are interested in getting a small business loan.

Local Albany Banks

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

Small Business Bank Recent SBA Loans
First Merchants Bank NA - Banking Centers- Albany  
First Merchants Bank NA - First Merchants Investment Center  
Mutual Federal Savings Bank - Albany  

Banks that Lend to Albany Businesses

Be sure to speak with bankers outside of Albany, Indiana. These banks, in the table below, have lent to other Albany 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
Star Financial Bank
Fort Wayne, IN
3

Tips for Getting a Business Loan in Albany

Borrowing money is one of the most common sources of funding for a small business, but finding financing can be difficult.

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 a better deal than others.

By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get a great deal on your bank loan.

Remember, before visiting with local small business banks, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is all about providing advice to entrepreneurs, and we have a lot of useful articles about to Raising Money. For example, one article that might be of interest to you is Borrowing Money from Friends and Family.

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