Loan Census Banking News and Information
May 5, 2021  
 
 
  Business Loan Information  
 

Atwater, California Business Loan

 
Loan Census SBA Loan Info

Small business loans in Atwater, California are available. You just need to talk to the right bank.

We wrote this article for small business proprietors in Atwater, California who are interested in getting a small business loan.

Local Atwater Business Lenders

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

Small Business Bank Recent SBA Loans
Bank Of America  

Other Lending Resources for Atwater Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
4
Cit Small Business Lending Corp
Livingston, NJ
1
Citibank
San Francisco, CA
4
Coast National Bank
San Luis Obispo, CA
1
Comerica Bank
Dallas, TX
2
Community W. Bank
Goleta, CA
1
County Bank
Merced, CA
5
Fullerton Community Bank, FSB
Fullerton, CA
1
Heritage Bank Of Commerce
San Jose, CA
1
Innovative Bank
Oakland, CA
1
Umpqua Bank
Sonora, CA
1
Union Bank Of California
San Francisco, CA
1
Wells Fargo Bank
San Jose, CA
3
Wells Fargo Bank
Sioux Falls, SD
1

Atwater Business Loan Advice

Before meeting with banks to discuss getting a bank loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the money back to the bank.

Having a business plan is essential. If the loan is to for a company that is already doing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 cash flow from the business does not meet your projections.

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. Before you sit down to talk with a small business banker, you may want to read up on 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

Make the effort and learn as much as you can about Raising Money. To get the ball rolling, we recommend you read Realistic Debt Financing Options.

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