Loan Census Banking News and Information
May 25, 2024  
  Business Loan Information  

Business Loan Carefree, Arizona

Loan Census SBA Loan Info

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

We wrote this article for entrepreneurs in Carefree, Arizona who are interested in getting a small business loan.

Local Carefree Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  
National Bank of Arizona - Banking Offices- Carefree  

SBA Lenders for Carefree Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
Cit Small Business Lending Corp
Livingston, NJ
First National Bank Of Arizona
Scottsdale, AZ
Jpmorgan Chase Bank
Houston, TX
Parkway Bank Arizona
Cave Creek, AZ
South Valley National Bank A Divis
Gilroy, CA
Sterling Savings Bank
Santa Rosa, CA
Wells Fargo Bank
San Jose, CA

Tips for Getting a Business Loan in Carefree

Before 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, describe what the money will finance, and show your ability to pay the loan back to the bank.

A well-defined business plan is an important prerequisite. If the financing is to for a company that is already doing 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, you will likely be asked to secure the business 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 these banks participate in the financial assistance programs available through the SBA. Before meeting with the banker, 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. Advice on Raising Money

Take the time to learn as much as you can about Raising Money. To get started, we recommend you read 504 Loans.

Business Loan Sources for Other Cities in Arizona
Get a Business Loan in Camp Verde
Get a Business Loan in Casa Grande

Browse All Business Loan Sources for Arizona