Loan Census Banking News and Information
August 5, 2021  
 
 
  Business Loan Information  
 

Business Loan Marina Del Rey, California

 
Loan Census SBA Loan Info

Getting a business loan in Marina Del Rey, California seems challenging at first, but we're here to help you get started.

These materials were prepared for entrepreneurs in Marina Del Rey, California who are interested in getting a small business loan.

Local Marina Del Rey Banks

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

Small Business Bank Recent SBA Loans
Bank Of America  

Lenders for Marina Del Rey Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
1
Bank - America California
Rancho Cordova, CA
1
Bank Of America
Charlotte, NC
39
Beach Business Bank
Manhattan Beach, CA
2
California Bank & Trust
Sacramento, CA
3
Capital One
Mclean, VA
5
Capital One Bank (usa)
Glen Allen, VA
1
Center Bank
Los Angeles, CA
2
Cit Small Business Lending Corp
Livingston, NJ
3
Citibank
San Francisco, CA
1
Citizens Business Bank
Burbank, CA
1
Comerica Bank
Dallas, TX
2
First Bank
Creve Coeur, MO
1
Gateway Business Bank
Cerritos, CA
1
Hsbc Bank Usa
Buffalo, NY
1
Innovative Bank
Oakland, CA
12
Oneunited Bank
Boston, MA
1
Saehan Bank
Los Angeles, CA
1
Superior Financial Group, LLC
Walnut Creek, CA
1
Uniti Bank
Buena Park, CA
1
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
San Jose, CA
5
Wells Fargo Bank
Sioux Falls, SD
1

Tips for Getting a Business Loan in Marina Del Rey

As a prerequisite to reaching out to banks 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 your ability to pay the loan back to the bank.

A well-defined business plan is essential. If the loan is to for a company that is already doing business, you should also have financial statements covering the last three years. Bankers will also want to know 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 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 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 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

Make the effort and learn as much as you can about Raising Money. For starters, we suggest you read Attracting Investors.

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