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

Business Loan Hamilton, Indiana

 
Loan Census SBA Loan Info

Looking for a Hamilton, Indiana 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.

These materials were prepared for small business owners in Hamilton, Indiana who are interested in getting a bank loan.

Local Hamilton Banks

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

Small Business Bank Recent SBA Loans
First National Bank of Fremont - Hamilton Branch  

SBA Lenders for Hamilton Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Equity Bank, SSB
Dallas, TX
1
Star Financial Bank
Fort Wayne, IN
2
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Hamilton

As a prerequisite to reaching out to banks for a 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 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 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 secure the business 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. Prior to visiting local banks, 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

Make the effort and learn as much as you can about Raising Money. To get the ball rolling, we suggest you read 504 Loans.

Business Loan Sources for Other Cities in Indiana
Get a Business Loan in Griffith
Get a Business Loan in Hammond

Browse All Business Loan Sources for Indiana