Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Beaumont, Texas Small Business Loans

 
Loan Census SBA Loan Info

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

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

Local Beaumont Lenders

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

Small Business Bank Recent SBA Loans
Bank Of America  
Bruce W Jackson CPA  
Gulfco Fcu 1
Midsouth Bank-texas 7
Texas State Bank 22
Wachovia Bank 1

Lenders for Beaumont Businesses

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

Small Business Bank Recent SBA Loans
Amegy Bank
Kingwood, TX
2
Bank Of America
Charlotte, NC
13
Business Loan Center, LLC
New York, NY
3
Business Loan Center, LLC
Richmond, VA
4
Capital One
Mclean, VA
10
Cit Small Business Lending Corp
Livingston, NJ
7
Comerica Bank
Dallas, TX
1
Comerica Bank
Houston, TX
8
Compass Bank
Birmingham, AL
1
Gulf Cu
Groves, TX
3
Innovative Bank
Oakland, CA
56
Jpmorgan Chase Bank
Houston, TX
26
Metrobank
Houston, TX
1
Regions Bank
Montgomery, AL
1
Small Business Loan Source LLC
Houston, TX
1
Southwest Bank
Fort Worth, TX
1
Sterling Bank
Houston, TX
3
Texas First Bank-winnie
Winnie, TX
1
Texas State Bank
Mcallen, TX
4
Texas State Bank
Port Neches, TX
6
Trustmark National Bank
Houston, TX
1
U.S. Bank National Association
Cincinnati, OH
1
United Central Bank
Garland, TX
3
Vision One Cu
Sacramento, CA
2
Wachovia Bank
Charlotte, NC
2
Wachovia SBA Lending, Inc.
Roseville, CA
1
Washington Mutual Bank
Henderson, NV
3
Wells Fargo Bank
Austin, TX
4
Wells Fargo Bank
San Antonio, TX
1
Wells Fargo Bank
San Jose, CA
4
Wells Fargo Bank
Sioux Falls, SD
2

Beaumont Bank Loan Tips

As a prerequisite to meeting with lenders for a 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, describe what the money will finance, and show how you intend to to pay the loan back to the lender.

Having a business plan is essential. If the capital is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss 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 you cannot repay the loan.

If the business has few assets, you will likely be asked to pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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. Prior to visiting local banks, 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

Take the time to learn as much as you can about Raising Money. To get started, we suggest you read Borrowing Money from Friends and Family.

Business Loan Sources for Other Cities in Texas
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