Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Business Loan Coxsackie, New York

 
Loan Census SBA Loan Info

Small business loans in Coxsackie, New York are available. You just need to talk to the right bank.

This article is written specifically for entrepreneurs in Coxsackie, New York who are interested in getting debt financing.

Local Coxsackie Lending Resources

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

Small Business Bank Recent SBA Loans
DSC I Company LLC  

Banks that Lend to Coxsackie Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Providence, RI
1
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Home Loan Invest Bank F.s.b.
Warwick, RI
1
Keybank National Association
Cleveland, OH
1
New York Business Devel Corp
Albany, NY
1

Tips for Getting a Business Loan in Coxsackie

Prior to meeting with banks to get a bank 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 plan to pay the loan back to the bank.

A well-defined business plan is is critically important. If the bank loan is to for an existing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 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 are SBA lenders. Before meeting with the banker, 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

Gaebler.com is a site that is deeply committed to providing advice to entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we recommend you read Business Incubators.

More Business Lender Lists for New York Cities
Get a Business Loan in Cortland
Get a Business Loan in Deer Park

Browse All Business Loan Sources for New York