Loan Census Banking News and Information
April 21, 2021  
 
 
  Business Loan Information  
 

Business Loan Brinkley, Arkansas

 
Loan Census SBA Loan Info

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

These materials were prepared for entrepreneurs in Brinkley, Arkansas who are interested in getting debt financing.

Local Brinkley Business Lenders

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

Small Business Bank Recent SBA Loans
Bancorpsouth Bank 2
Bank of Brinkley  
Signature Bank Of Arkansas 1

Other Lending Resources for Brinkley Businesses

This is a list of banks outside of Brinkley, Arkansas that have provided SBA loans to Brinkley 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
Richmond, VA
1
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Colony Bank Southeast
Douglas, GA
1
Ecd Investments Bidco Corp
Monroe, LA
1
First National Bank - Eastern Arkans
Wheatley, AR
1
Hope Community Cu
Jackson, MS
1
Innovative Bank
Oakland, CA
3
Nara Bank
Los Angeles, CA
1
One Bank & Trust
Little Rock, AR
1
U.S. Bank National Association
North Little Rock, AR
1

Tips for Getting a Business Loan in Brinkley

As a prerequisite to reaching out to lenders to get 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, describe what the money will finance, and show how you plan to pay the loan back to the lender.

A well-defined business plan is essential. If the financing 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 pledge your personal assets, such as the equity in your home. 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 these banks 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 learn as much as you can. If you haven't read it already, we recommend you review Attracting Investors.

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

Browse All Business Loan Sources for Arkansas