Loan Census Banking News and Information
June 19, 2021  
 
 
  Business Loan Information  
 

Small Business Lenders in Avon, Colorado

 
Loan Census SBA Loan Info

I need a loan for my business in Avon, Colorado! If that's what's on your mind, you've come to the right place.

If you are looking for a small business loan and your business is based in Avon, Colorado, we've assembled a list of local small business banks that you should contact.

Local Avon Banks

To assist you in finding a small business banker, here's our list of small business banks in Avon.

Small Business Bank Recent SBA Loans
Alpine Bank 1
American National Bank 2
Firstbank Of Avon 3
Wells Fargo Bank NA - Business Account- Customer Service  
Wells Fargo HM MTG  
Wells Fargo Home Mortgage  
Weststar Bank - Avon  

Lenders for Avon Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Golden, CO
1
Cit Small Business Lending Corp
Livingston, NJ
1
Cobiz Bank
Edwards, CO
1
Cobiz Bank
Phoenix, AZ
1
Colorado Capital Bank
Castle Rock, CO
1
Compass Bank
Birmingham, AL
1
First Chatham Bank
Savannah, GA
1
Firstbank Of Vail
Vail, CO
1
Jpmorgan Chase Bank
Houston, TX
2
U.S. Bank National Association
Cincinnati, OH
1
United Western Bank
Denver, CO
2
Ups Capital Business Credit
Windsor, CT
1
Wachovia SBA Lending, Inc.
Roseville, CA
1
Wells Fargo Bank
Minneapolis, MN
2
Wells Fargo Bank
San Jose, CA
6

Business Loan Advice for Avon Businesses

Before contacting banks 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, describe what the money will finance, and show your ability to pay the loan back to the bank.

A well-defined business plan is essential. If the capital is to for a going concern, you should also have financial statements covering the last three years. Bankers will also want to know 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, you will likely be asked to secure the business with 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 these banks are SBA lenders. 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.

Gaebler.com Advice on Raising Money

If you are new to our Gaebler.com site, you should know that we are dedicated to aiding entrepreneurs, and we have a lot of information pertaining to to Raising Money. If raising money is on your to-do list, we recommend you read Angel Investors.

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