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

Enterprise, Oregon Small Business Loans

 
Loan Census SBA Loan Info

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

If you are hoping to get a small business loan and your business is based in Enterprise, Oregon, we've assembled a list of local small business banks that you should contact.

Local Enterprise Banks

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

Small Business Bank Recent SBA Loans
Community Bank - Enterprise  
First Bank Northwest  
Klamath First  
Sterling Savings Bank  

Business Loan Providers for Enterprise Businesses

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

Small Business Bank Recent SBA Loans
Baker Boyer National Bank
Walla Walla, WA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Community Bank
Joseph, OR
1
Independence Bank
East Greenwich, RI
1
Silver State Bank
Henderson, NV
1

Enterprise Bank Loan Tips

Prior to reaching out to banks 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 bank.

A well-defined business plan is essential. If the money 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 you cannot repay the loan.

If the business has few assets, the bank may ask you to to secure the business with your personal assets, such as your individual retirement account or pension plan. 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 the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business 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

Take the time to learn as much as you can about Raising Money. To get started, we recommend you read Business Credit Evaluation.

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