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

Business Loan Kingston, Wisconsin

 
Loan Census SBA Loan Info

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

This article is written specifically for small business proprietors in Kingston, Wisconsin who are interested in getting a bank loan.

Local Kingston Business Loan Sources

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

Small Business Bank Recent SBA Loans
Amcore Bank Central WIS  
National Exchange Bank & Trust  

Business Loan Providers for Kingston Businesses

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

Small Business Bank Recent SBA Loans
Hometown Bank
Fond Du Lac, WI
3

Tips for Getting a Business Loan in Kingston

As a prerequisite to meeting with banks for a loan, you will need to determine exactly what size loan you will be asking for.

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 your ability to pay the money back to the bank.

Having a business plan is an important prerequisite. If the bank loan is to for an existing 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 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 stocks and bonds that you might own or life insurance policies. 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 these banks participate in the financial assistance programs available through the SBA. Prior to visiting local banks, 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.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is devoted to supporting small business owners, and we have a lot of useful articles about to Raising Money. If you want to learn about raising money, one article that might be of interest to you is Getting a Small Business Loan.

Business Loan Sources for Other Cities in Wisconsin
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Get a Business Loan in La Crosse

Browse All Business Loan Sources for Wisconsin