Loan Census Banking News and Information
November 30, 2023  
  Business Loan Information  

East Los Angeles, California Business Loan

Loan Census SBA Loan Info

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

This article is written specifically for entrepreneurs in East Los Angeles, California who are interested in getting a small business loan.

SBA Lenders for East Los Angeles Businesses

Be sure to speak with bankers outside of East Los Angeles, California. These banks, in the table below, have lent to other East Los Angeles small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
Center Bank
Los Angeles, CA
San Francisco, CA
Hanmi Bank
Los Angeles, CA
Lehman Brothers Bank, FSB
Wilmington, DE
Wells Fargo Bank
San Jose, CA
Wilshire State Bank
Los Angeles, CA

East Los Angeles Business Loan Advice

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing isn't always easy.

Improve your odds by talking to as many banks as possible.

When getting a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.

By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best small business financing available.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements. Advice on Raising Money

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Choosing VC Firms.

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