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

Business Loan Bowie, Maryland

 
Loan Census SBA Loan Info

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

This article is written specifically for small business proprietors in Bowie, Maryland who are interested in getting a small business loan.

Local Bowie Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  
BB & T  
Branch Bank & Trust 1
Chevy Chase Bank - Branch Offices- Maryland- Bowie  
Chevy Chase Bank - Maryland- Branch Offices- Bowie  
Citizens Bank of Maryland  
Citizens National Bank - Branch Offices- Market Place-Bowie  
Citizens National Bank - Branch Offices- Pointer Ridge-Bowie  
Community Bank of Maryland  
Farmers Bank of Maryland  
Nationsbank  
Provident Bank  

SBA Lenders for Bowie Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
4
Bank Of America
Charlotte, NC
68
Branch Bank & Trust
Winston Salem, NC
3
Capital One
Mclean, VA
4
Chevy Chase Bank, F.s.b.
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
3
Commerce Bank
Philadelphia, PA
1
Commercefirst Bank
Annapolis, MD
2
Community Bank Of Tri-county
Waldorf, MD
1
Eaglebank
Bethesda, MD
4
Innovative Bank
Oakland, CA
69
Manufacturers & Traders Trust
Amherst, NY
5
Manufacturers & Traders Trust
Baltimore, MD
1
Manufacturers & Traders Trust
Buffalo, NY
4
Manufacturers & Traders Trust
Towson, MD
4
Merrill Lynch Bank Usa
Salt Lake City, UT
1
Pnc Bank, National Association
Laurel, MD
3
Pnc Bank, National Association
Philadelphia, PA
2
Pnc Bank, National Association
Pittsburgh, PA
3
Prince George's County Finan S
Lanham, MD
2
Provident Bank Of Maryland
Warrenton, VA
2
Sandy Spring Bank
Olney, MD
2
Suntrust Bank
Richmond, VA
5
Superior Financial Group, LLC
Walnut Creek, CA
3
The Adams National Bank
Washington, DC
1
Valley National Bank
North Plainfield, NJ
2
Wells Fargo Bank
Minneapolis, MN
1
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Bowie

Before contacting banks to discuss getting a bank loan, you will need to determine exactly what size loan you will be asking for.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the money back to the bank.

Having a business plan is is critically important. If the bank loan 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 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 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 planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review 504 Loans.

Business Loan Sources for Other Cities in Maryland
Get a Business Loan in Bethesda
Get a Business Loan in Burtonsville

Browse All Business Loan Sources for Maryland