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

Marengo, Iowa Small Business Loans

 
Loan Census SBA Loan Info

Getting a business loan in Marengo, Iowa seems challenging at first, but we're here to help you get started.

If you are hoping to get a small business loan and your business is based in Marengo, Iowa, we've assembled a list of local small business banks that you should contact.

Local Marengo Business Loan Sources

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

Small Business Bank Recent SBA Loans
Grinnell State Bank 1
Keystone Savings Bank 3

Lenders for Marengo Businesses

Banks outside of Marengo will often lend to entrepreneurs in Marengo, IA. Here's a list of out-of-area banks that have recently made loans to Marengo 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 Iowa or from out of state.

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
1
Fairfax State Savings Bank
Fairfax, IA
1
Farmers Trust & Savings Bank
Williamsburg, IA
1
Wells Fargo Bank
Minneapolis, MN
1

Marengo Bank Loan Tips

When your business is growing, it's going to happen.

"I need a small business loan!" you'll say.

Maybe you need a $20,000 small business loan to pay your income taxes. Perhaps you need a $250,000 business loan to buy more inventory.

It's time to get to know a small business lender in Marengo.

Sure, there are other options: loans from people you know, private equity deals, and merchant cash advances, to name a few.

But, when all is said and done, obtaining a bank loan from a local bank is often the easiest way for a small business to obtain financing to meet short-term business objectives.

Gaebler.com Advice on Raising Money

If you are serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Getting a Small Business Loan.

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