Loan Census Banking News and Information
April 21, 2021  
 
 
  Business Loan Information  
 

Fairfax, California Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Fairfax, California small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

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

Local Fairfax Lending Resources

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

Small Business Bank Recent SBA Loans
Bank Of America  

Business Loan Providers for Fairfax Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
5
Capital One
Mclean, VA
1
First Republic Bank
Las Vegas, NV
1
Hanmi Bank
Los Angeles, CA
1
Safe-bidco
Santa Rosa, CA
1
Transamerica Small Business Capita
Greenville, SC
1
U.S. Bank National Association
Cincinnati, OH
1
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
San Jose, CA
2

Fairfax Bank Loan Tips

As a prerequisite to contacting banks for a loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the money back to the bank.

Being able to present a well-written business plan is an important prerequisite. If the money is to for a company that is already doing 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, you will likely be asked to to guarantee the loan with your personal assets, such as the equity in your home. 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 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

If you are planning on Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Find Start-Up Capital.

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