Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Business Loan Fairfield, Ohio

 
Loan Census SBA Loan Info

Small business loans in Fairfield, Ohio are available. You just need to talk to the right bank.

These materials were prepared for small business owners in Fairfield, Ohio who are interested in getting a small business loan.

Local Fairfield Business Lenders

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

Small Business Bank Recent SBA Loans
Aurgroup Financial Cu 2
Bank One Cincinnati NA  
Business Directory  
Fifth Third Bank  
First Finance  
First Financial Bank - Offices- Fairfield Crossings  
First Financial Bank - Offices- Fairfield South Gilmore  
First Financial Bank - Offices- Fairfield Town Center  
Oak Hill Banks 5

Other Lending Resources for Fairfield Businesses

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

Small Business Bank Recent SBA Loans
Business Lenders, LLC
Hartford, CT
1
Business Loan Center, LLC
Panama City Beach, FL
2
Capital One
Mclean, VA
4
Center Bank
Los Angeles, CA
1
Fifth Third Bank
Cincinnati, OH
17
First Finan Bank
Hamilton, OH
10
First National Cincinnati Corp
Cincinnati, OH
1
Jpmorgan Chase Bank
Chicago, IL
1
Jpmorgan Chase Bank
Houston, TX
6
Keybank National Association
Cleveland, OH
2
National City Bank
Cincinnati, OH
1
National City Bank
Cleveland, OH
4
National City Bank
Cold Spring, KY
1
National City Bank
Dayton, OH
1
Oak Hill Banks
Cincinnati, OH
2
Pnc Bank, National Association
Philadelphia, PA
5
Pnc Bank, National Association
Pittsburgh, PA
7
Rbs Citizens
Providence, RI
1
Spring Valley Bank
Wyoming, OH
2
The Huntington National Bank
Columbus, OH
3
The Park National Bank
Cincinnati, OH
1
U.S. Bank National Association
Cincinnati, OH
23
United Midwest Savings Bank
De Graff, OH
2
Ups Capital Business Credit
Windsor, CT
1

Tips for Getting a Business Loan in Fairfield

Prior to contacting banks to discuss getting a bank loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, define how the money will be used, and show your ability to pay the loan back to the bank.

Being able to present a well-written business plan is essential. If the bank loan is to for a company that is already doing business, you should also have financial statements covering the last three years. In addition, you should itemize what collateral you have available to guarantee 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 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 these banks 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.

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