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

Small Business Lenders in Chickamauga, Georgia

 
Loan Census SBA Loan Info

Looking for a Chickamauga, Georgia 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.

If you are looking for a small business loan and your business is based in Chickamauga, Georgia, we've assembled a list of local small business banks that you should contact.

Local Chickamauga Lenders

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

Small Business Bank Recent SBA Loans
Bank of Chickamauga  
Cohutta Banking Company Main Line  

SBA Lenders for Chickamauga Businesses

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

Small Business Bank Recent SBA Loans
First Financial Bank
Carthage, MS
1
Innovative Bank
Oakland, CA
2
Superior Financial Group, LLC
Walnut Creek, CA
1

Business Loan Advice for Chickamauga Businesses

Before contacting lenders for a loan, you will need to develop the specifics of your loan request.

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 intend to to pay the loan back to the lender.

Being able to present a well-written business plan is essential. If the loan 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 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 your individual retirement account or pension plan. 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. Before you sit down to talk with a small business banker, 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

Take the time to learn as much as you can about Raising Money. To get started, we suggest you read How Much Venture Capital Is There?.

Business Loan Sources for Other Cities in Georgia
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Get a Business Loan in College Park

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