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March 28, 2024  
 
 
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Small Business Lenders in Blountstown, Florida

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Blountstown, Florida, we've assembled a list of local small business banks that you should contact.

Local Blountstown Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  
Superior Bank 2

Lenders for Blountstown Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
3

Business Loan Advice for Blountstown Businesses

Before contacting banks 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 plan to pay the loan back to the bank.

Having a business plan is essential. If the loan is to for a going concern, 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, 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 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. Before meeting with the banker, you may want to get up to speed 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 it a priority to learn as much as you can about Raising Money. To get started, we recommend you read 504 Loans.

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