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April 21, 2021  
 
 
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Business Loan Claremont, California

 
Loan Census SBA Loan Info

Looking for a Claremont, 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 Claremont, California who are interested in getting a small business loan.

Local Claremont Banks

Without further adieu, here's our list of small business banks in Claremont.

Small Business Bank Recent SBA Loans
Balboa Thrift & Loan Association  
Bank Of America  
California Bank & Trust - Claremont Office- Branch Offices  

Other Lending Resources for Claremont Businesses

This is a list of banks outside of Claremont, California that have provided SBA loans to Claremont 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
14
Bank Of The West
Truckee, CA
1
Borrego Springs Bank
Borrego Springs, CA
2
California Bank & Trust
Sacramento, CA
10
Capital One
Mclean, VA
5
Cit Small Business Lending Corp
Livingston, NJ
1
Citibank
Las Vegas, NV
1
Comerica Bank
Dallas, TX
2
Community W. Bank
Goleta, CA
1
East West Bank
El Monte, CA
1
Gateway Business Bank
Cerritos, CA
1
Gbc International Bank
Monterey Park, CA
1
Hanmi Bank
Los Angeles, CA
1
Merchants Bank - California Natl
Carson, CA
1
Mirae Bank
Los Angeles, CA
2
Pacific City Bank
Los Angeles, CA
1
Pacific Western Bank
Chino, CA
1
Pacific Western Bank
Glendora, CA
3
Pacific Western Bank
Irwindale, CA
1
Pacific Western Bank
Los Angeles, CA
1
Pacific Western Bank
Rancho Santa Fe, CA
1
Santa Clara Valley Bank National A
Santa Paula, CA
1
Telesis Community Cu
Chatsworth, CA
1
Vineyard Bank
Corona, CA
1
Vision One Cu
Sacramento, CA
1
Wachovia SBA Lending, Inc.
Roseville, CA
1
Washington Mutual Bank
Henderson, NV
2
Wells Fargo Bank
Auburn, CA
1
Wells Fargo Bank
Orange, CA
2
Wells Fargo Bank
San Jose, CA
5
Wells Fargo Bank
Sioux Falls, SD
1
Wilshire State Bank
Los Angeles, CA
1

Tips for Getting a Business Loan in Claremont

As a prerequisite to 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 explain your business, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the loan back to the bank.

Having a business plan is is critically important. If the capital 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 to guarantee the loan with your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 these banks are SBA lenders. 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 serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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