Loan Census Banking News and Information
April 15, 2021  
 
 
  Business Loan Information  
 

Chino Hills, California Business Loan

 
Loan Census SBA Loan Info

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

This article is written specifically for entrepreneurs in Chino Hills, California who are interested in getting a small business loan.

Local Chino Hills Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  

Lenders for Chino Hills Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
1
Bank Of America
Charlotte, NC
17
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
7
Citibank
Las Vegas, NV
1
Comerica Bank
Dallas, TX
4
East West Bank
San Marino, CA
1
Foothill Bpc, Inc
Glendora, CA
1
Inland Commun Bank
Rialto, CA
1
Innovative Bank
Oakland, CA
3
Nara Bank
Los Angeles, CA
2
Pacific Cap. Bank
Santa Barbara, CA
1
Pacific City Bank
Los Angeles, CA
2
Silver State Bank
Henderson, NV
1
Temecula Valley Bank
Temecula, CA
2
U.S. Bank National Association
Cincinnati, OH
5
Union Bank Of California
San Francisco, CA
1
Washington Mutual Bank
Henderson, NV
3
Wells Fargo Bank
San Jose, CA
3
Wells Fargo Bank
Sioux Falls, SD
3
Wilshire State Bank
Los Angeles, CA
2

Chino Hills Business Loan Advice

Before meeting with banks for a loan, you will need to determine exactly what size loan you will be asking for.

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 your ability to pay the money back to the bank.

A well-defined business plan is is critically important. If the money is to for an existing 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, the bank may ask you to to to guarantee the loan 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. Prior to visiting local banks, 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

Our Gaebler.com site is all about providing advice to small business owners, and we have a lot of useful articles about to Raising Money. If you want to learn about raising money, we would suggest you read Business Line of Credit.

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