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March 29, 2024  
 
 
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Business Loan Kaysville, Utah

 
Loan Census SBA Loan Info

Looking for a Kaysville, Utah 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.

This article is written specifically for entrepreneurs in Kaysville, Utah who are interested in getting a small business loan.

Local Kaysville Lending Resources

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

Small Business Bank Recent SBA Loans
Barnes Bank CO  
Barnes Banking Company 13
Wells Fargo Bank  

Banks that Lend to Kaysville Businesses

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

Small Business Bank Recent SBA Loans
1st National Bank - Layton
Layton, UT
2
America First Fcu
Riverdale, UT
5
America West Bank
Layton, UT
2
Bank Of American Fork
American Fork, UT
1
Bank Of The West
San Francisco, CA
1
Bank Of Utah
Ogden, UT
1
Brighton Bank
Salt Lake City, UT
1
Capital One
Mclean, VA
4
Centennial Bank
Ogden, UT
1
Colonial Bank
Austin, TX
2
Deseret First Fcu
Salt Lake City, UT
4
First Utah Bank
Salt Lake City, UT
2
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Jpmorgan Chase Bank
Houston, TX
6
Keybank National Association
Cleveland, OH
5
Mountain America Fcu
Salt Lake City, UT
1
Mountain America Fcu
West Jordan, UT
7
Mountain West Bank
Coeur D'alene, ID
1
Wells Fargo Bank
Phoenix, AZ
1
Wells Fargo Bank
Salt Lake City, UT
1
Wells Fargo Bank
San Jose, CA
4
Wells Fargo Bank
Sioux Falls, SD
1
Zions First National Bank
Salt Lake City, UT
3
Zions First National Bank
West Valley City, UT
15

Tips for Getting a Business Loan in Kaysville

Prior to contacting banks for a 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, describe what the money will finance, and show how you intend to to pay the money back to the bank.

A well-defined business plan is an important prerequisite. If the bank loan is to for a going concern, 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 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. 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

Our Gaebler.com site is dedicated to assisting entrepreneurs, and we have a lot of resources related to to Raising Money. For example, one article that might be of interest to you is Business Line of Credit.

More Business Lender Lists for Utah Cities
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