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April 23, 2021  
 
 
  Business Loan Information  
 

Carpinteria, California Business Loan

 
Loan Census SBA Loan Info

Looking for a Carpinteria, California 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.

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

Local Carpinteria Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  
Cardtronics  

Lenders for Carpinteria Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
4
Bank Of The West
Truckee, CA
1
Borrego Springs Bank
Borrego Springs, CA
1
Bridge Bank
San Jose, CA
1
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
2
Community W. Bank
Goleta, CA
2
Montecito Bank & Trust
Santa Barbara, CA
6
Pacific Cap. Bank
Santa Barbara, CA
6
Washington Mutual Bank
Henderson, NV
2
Wells Fargo Bank
San Jose, CA
3

Carpinteria Business Loan Advice

Before meeting with banks for a loan, you will need to have a specific plan.

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 intend to to pay the money back to the bank.

Having a business plan is an important prerequisite. If the loan is to for a going concern, 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 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 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 planning on Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review 504 Loans.

Business Loan Sources for Other Cities in California
Get a Business Loan in Carmichael
Get a Business Loan in Castro Valley

Browse All Business Loan Sources for California