Loan Census Banking News and Information
April 15, 2021  
 
 
  Business Loan Information  
 

Blytheville, Arkansas Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Blytheville, Arkansas small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

If you are hoping to get a small business loan and your business is based in Blytheville, Arkansas, we've assembled a list of local small business banks that you should contact.

Local Blytheville Lending Resources

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

Small Business Bank Recent SBA Loans
1st National Bank In Blytheville 3
Farmers Bank & Trust Co. 5
First National Bank  
South Bank  

SBA Lenders for Blytheville Businesses

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

Small Business Bank Recent SBA Loans
Arkansas Capital Corporation
Little Rock, AR
1
Business Loan Center, LLC
New York, NY
2
Business Loan Center, LLC
Richmond, VA
2
Capital One
Mclean, VA
2
Ecd Investments Bidco Corp
Monroe, LA
1
Innovative Bank
Oakland, CA
1
Regions Bank
Jonesboro, AR
1
Textron Business Credit, Inc.
Providence, RI
1

Blytheville Bank Loan Tips

Prior to contacting banks to discuss getting a bank 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, define how the money will be used, and show how you intend to to pay the loan back to the bank.

Being able to present a well-written business plan is is critically important. If the money 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 cash flow from the business does not meet your projections.

If the business has few assets, the bank may ask you to to to guarantee the loan 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 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

If you are serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Getting a Small Business Loan.

Business Loan Sources for Other Cities in Arkansas
Get a Business Loan in Bentonville
Get a Business Loan in Bryant

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