Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

Escanaba, Michigan Small Business Loans

 
Loan Census SBA Loan Info

I need a loan for my business in Escanaba, Michigan! 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 Escanaba, Michigan, we've assembled a list of local small business banks that you should contact.

Local Escanaba Lending Resources

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

Small Business Bank Recent SBA Loans
Bank of America  
BayBank  
First Bank - Escanaba Office  
Great Lakes First Federal Credit Union  
Northern Michigan Bank & Trust 3
Upper Peninsula State Bank 3
Wells Fargo Bank 2

Business Loan Providers for Escanaba Businesses

Banks outside of Escanaba will often lend to entrepreneurs in Escanaba, MI. Here's a list of out-of-area banks that have recently made loans to Escanaba entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Michigan or from out of state.

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Capital One Bank (usa)
Glen Allen, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank
Hancock, MI
1
Ups Capital Business Credit
Windsor, CT
1
Wells Fargo Bank
Minneapolis, MN
6
Wells Fargo Bank
San Jose, CA
6
Wells Fargo Bank
Sioux Falls, SD
1
Wisconsin Community Bank
Madison, WI
2

Escanaba Bank Loan Tips

When your business is growing, it's going to happen.

"I need cash for my business!" you'll think to yourself.

Maybe you need a $50,000 small business loan to pay your income taxes. Perhaps you need a $200,000 business loan to open up new offices on the other side of the country.

It's time to introduce yourself to a small business lender in Escanaba.

Sure, there are other sources of small business funding: borrowing family money, private business investors, and receivables factoring, to name a few.

But, when all is said and done, procuring small business financing from a local bank is often the easiest way for a small business to get cash in a hurry to fund growth plans.

Gaebler.com Advice on Raising Money

If you are planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review SBIR Funding.

Business Loan Sources for Other Cities in Michigan
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