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

Business Loan Melrose Park, Illinois

 
Loan Census SBA Loan Info

Raising money in Melrose Park, Illinois? If so, you'll want to talk to some of these small business lenders in Melrose Park.

This article is written specifically for entrepreneurs in Melrose Park, Illinois who are interested in getting a small business loan.

Local Melrose Park Lending Resources

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

Small Business Bank Recent SBA Loans
ABN AMRO Westlake Hospital  
AMER National Bank & Trust Company of Chicago  
Bank One - Banking Centers- Melrose Park  
First American Bank of Chicago  
Midwest Bank And Trust Company 4

SBA Lenders for Melrose Park Businesses

Be sure to speak with bankers outside of Melrose Park, Illinois. These banks, in the table below, have lent to other Melrose Park small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
11
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
3
Comerica Bank
Dallas, TX
1
First American Bank
Carpentersville, IL
1
First American Bank
Elk Grove Village, IL
1
Harris National Association
Chicago, IL
1
Innovative Bank
Oakland, CA
1
Jpmorgan Chase Bank
Houston, TX
11
Lehman Brothers Bank, FSB
Boston, MA
1
Mainstreet Lender 7(a), LLC
Chevy Chase, MD
1
National City Bank
Bannockburn, IL
1
Rbs Citizens
Providence, RI
10
Shorebank
Bellwood, IL
1
Shorebank
Chicago, IL
1
The Foster Bank
Chicago, IL
2
U.S. Bank National Association
Cincinnati, OH
5
Union National Bank
Elgin, IL
2
Washington Mutual Bank
Henderson, NV
1
Zions First National Bank
West Valley City, UT
1

Tips for Getting a Business Loan in Melrose Park

Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan is a time-consuming task.

Improve your odds by talking to as many banks as possible.

When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer better loan terms than others.

By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best rate on a small business loan.

Remember, before contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Attracting Investors.

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