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March 28, 2024  
 
 
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Business Loan Maribel, Wisconsin

 
Loan Census SBA Loan Info

Looking for a Maribel, Wisconsin 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 small business owners in Maribel, Wisconsin who are interested in getting a bank loan.

Local Maribel Banks

Without further adieu, here's our list of small business banks in Maribel.

Small Business Bank Recent SBA Loans
Denmark State Bank  

Business Loan Providers for Maribel Businesses

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

Small Business Bank Recent SBA Loans
Baylake Bank
Sturgeon Bay, WI
1
Investors Community Bank
Manitowoc, WI
4

Tips for Getting a Business Loan in Maribel

As a prerequisite to reaching out to lenders to get a bank loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the lender.

Being able to present a well-written business plan is an important prerequisite. If the bank loan is to for a company that is already doing business, you should also have financial statements covering the last three years. You will also need to discuss 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, the bank may ask you to to to guarantee the loan with your personal assets, such as your individual retirement account or pension plan. 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 the banks in our list are SBA lenders. Before meeting with the banker, you may want to do your homework 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.

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If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Attracting Investors.

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