Loan Census Banking News and Information
May 5, 2021  
 
 
  Business Loan Information  
 

Business Loan Capitola, California

 
Loan Census SBA Loan Info

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

These materials were prepared for small business proprietors in Capitola, California who are interested in getting debt financing.

Local Capitola Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  

Banks that Lend to Capitola Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
6
Capital One
Mclean, VA
4
Citibank
San Francisco, CA
1
Coast Comm. Bank A Division -
Santa Cruz, CA
3
Comerica Bank
Dallas, TX
2
Comerica Bank
Sacramento, CA
1
Cupertino National Bank A Division
Cupertino, CA
1
First Republic Bank
Walnut Creek, CA
1
Heritage Bank Of Commerce
San Jose, CA
2
Innovative Bank
Oakland, CA
1
Nara Bank
Los Angeles, CA
1
Santa Cruz Community Cu
Santa Cruz, CA
1
Santa Cruz County Bank
Santa Cruz, CA
3
Wells Fargo Bank
San Jose, CA
3
Wilshire State Bank
Los Angeles, CA
1

Tips for Getting a Business Loan in Capitola

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 explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the bank.

Having a business plan is essential. If the financing is to for a company that is already doing business, you should also have financial statements covering the last three years. Bankers will also want to know 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 cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to secure the business with 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. Before you sit down to talk with a small business 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

Gaebler.com is a site that is all about aiding entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we would suggest you read Bank Credit Lines.

Business Loan Sources for Other Cities in California
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