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

Business Loan Hot Springs, South Dakota

 
Loan Census SBA Loan Info

Getting a business loan in Hot Springs, South Dakota seems challenging at first, but we're here to help you get started.

This article is written specifically for small business owners in Hot Springs, South Dakota who are interested in getting a bank loan.

Local Hot Springs Lending Resources

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

Small Business Bank Recent SBA Loans
Bank of the West  
Black Hills Federal Credit Union - Hot Springs  
First Western Bank 2
Wells Fargo Bank NA - Wells Fargo Bank Na- Black Hills Stores- Wells Fargo Phone Bank- Hot Spr  

SBA Lenders for Hot Springs Businesses

Banks outside of Hot Springs will often lend to entrepreneurs in Hot Springs, SD. Here's a list of out-of-area banks that have recently made loans to Hot Springs 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 South Dakota or from out of state.

Small Business Bank Recent SBA Loans
Cit Small Business Lending Corp
Golden, CO
1
First Western Bank
Wall, SD
1
Mainstreet Lender 7(a), LLC
Chevy Chase, MD
1
Wells Fargo Bank
Minneapolis, MN
2
Wells Fargo Bank
San Jose, CA
2
Wells Fargo Bank
Sioux Falls, SD
4

Tips for Getting a Business Loan in Hot Springs

It's only a matter of time.

"Where can I borrow some money for my business?" you'll say.

Maybe you need a $20,000 small business loan to launch a big advertising campaign. Perhaps you need a $200,000 business loan to acquire a competitor.

It's time to sit down with a small business banker in Hot Springs.

Sure, there are other sources of small business funding: people to people loans, angel investors, and merchant cash advances, to name a few.

But, at the end of the day, finding a bank loan from a small-business friendly bank is often the the smartest approach for a small business to raise money quickly to fund growth plans.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is passionate about aiding entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we recommend you read Find Start-Up Capital.

Business Loan Sources for Other Cities in South Dakota
Get a Business Loan in Brookings
Get a Business Loan in Huron

Browse All Business Loan Sources for South Dakota