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March 29, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Garden Plain, Kansas

 
Loan Census SBA Loan Info

Looking for a Garden Plain, Kansas 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 looking for a small business loan and your business is based in Garden Plain, Kansas, we've assembled a list of local small business banks that you should contact.

Local Garden Plain Business Lenders

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

Small Business Bank Recent SBA Loans
Garden Plain State Bank  

Other Lending Resources for Garden Plain Businesses

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

Small Business Bank Recent SBA Loans
Home Bank & Trust Company
Eureka, KS
1

Business Loan Advice for Garden Plain Businesses

Before contacting banks to discuss getting a bank loan, you will need to develop the specifics of your loan request.

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

Being able to present a well-written business plan is is critically important. If the money is to for a going concern, you should also have financial statements covering the last three years. You will also need to discuss 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 you cannot repay the loan.

If the business has few assets, you will likely be asked 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 these banks participate in the financial assistance programs available through the SBA. Before meeting with the banker, you may want to read up on 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 educate yourself. If you haven't read it already, we recommend you review Angel Investors.

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