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

Small Business Lenders in Manville, Wyoming

 
Loan Census SBA Loan Info

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

If you are looking for a small business loan and your business is based in Manville, Wyoming, we've assembled a list of local small business banks that you should contact.

Banks that Lend to Manville Businesses

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

Small Business Bank Recent SBA Loans
Lusk State Bank
Lusk, WY
1

Business Loan Advice for Manville Businesses

Prior to meeting with banks to discuss getting a bank 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 how you plan to pay the money back to the bank.

Having a business plan is essential. If the capital is to for an existing business, 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 pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business 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 new to our Gaebler.com site, you should know that we are passionate about helping entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, one article that might be of interest to you is How to Raise Money.

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