Loan Census Banking News and Information
April 20, 2021  
 
 
  Business Loan Information  
 

El Cerrito, California Small Business Loans

 
Loan Census SBA Loan Info

I need a loan for my business in El Cerrito, California! If that's what's on your mind, you've come to the right place.

If you are looking for a small business loan and your business is based in El Cerrito, California, we've put together a list of local small business banks that you should contact.

Local El Cerrito Business Loan Sources

To assist you in finding a small business banker, here's our list of small business banks in El Cerrito.

Small Business Bank Recent SBA Loans
Bank Of America  

Business Loan Providers for El Cerrito Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
4
Business Loan Center, LLC
Panama City Beach, FL
1
California Bank & Trust
Sacramento, CA
2
California Bank & Trust
San Diego, CA
1
Cathay Bank
Los Angeles, CA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citibank
Las Vegas, NV
1
Citibank
San Francisco, CA
3
Comerica Bank
Dallas, TX
4
Cupertino National Bank A Division
Cupertino, CA
1
Excel National Bank
Beverly Hills, CA
1
First Bank
Creve Coeur, MO
1
Greater Bay Bank
Palo Alto, CA
1
Innovative Bank
Oakland, CA
3
Nara Bank
Los Angeles, CA
1
Small Business Loan Source LLC
Houston, TX
1
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
San Jose, CA
6

El Cerrito Bank Loan Tips

Prior to 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 is critically important. If the bank loan is to for an existing 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, the bank may ask you to to pledge 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 participate in the financial assistance programs available through the SBA. 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 all about providing advice to entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read 504 Loans.

More Business Loan Info for California
Get a Business Loan in El Centro
Get a Business Loan in El Dorado Hills

Browse All Business Loan Sources for California