Loan Census Banking News and Information
December 5, 2023  
  Business Loan Information  

Anderson, Alaska Small Business Loans

Loan Census SBA Loan Info

Raising money in Anderson, Alaska? If so, you'll want to talk to some of these small business lenders in Anderson.

If you are looking for a small business loan and your business is based in Anderson, Alaska, we've put together a list of local small business banks that you should contact.

Lenders for Anderson Businesses

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

Small Business Bank Recent SBA Loans
Wells Fargo Bank
San Jose, CA

Anderson Bank Loan Tips

Before contacting 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, walk the banker through the planned use of proceeds, and show your ability to pay the loan back to the bank.

Being able to present a well-written business plan is essential. If the bank loan is to for a company that is already doing business, 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, the bank may ask you to to secure the business with your personal assets, such as stocks and bonds that you might own or life insurance policies. The banks will look at your personal credit report 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 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. 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 Angel Investors.

Business Loan Sources for Other Cities in Alaska
Get a Business Loan in Anchorage
Get a Business Loan in Bethel

Browse All Business Loan Sources for Alaska