Loan Census Banking News and Information
April 21, 2021  
 
 
  Business Loan Information  
 

Montclair, California Small Business Loans

 
Loan Census SBA Loan Info

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

If you are planning on applying for a small business loan and your business is based in Montclair, California, we've assembled a list of local small business banks that you should contact.

Business Loan Providers for Montclair Businesses

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

Small Business Bank Recent SBA Loans
Alliance Bank
Culver City, CA
1
American Continental Bank
City Of Industry, CA
1
American Security Bank
Santa Ana, CA
2
Banco Popular North America
New York City, NY
6
Bank - America California
Rancho Cordova, CA
1
Bank Of America
Charlotte, NC
13
Business Loan Center, LLC
Panama City Beach, FL
1
California Bank & Trust
Sacramento, CA
8
Capital One
Mclean, VA
5
Capital One Bank (usa)
Glen Allen, VA
1
Cathay Bank
Alhambra, CA
2
Center Bank
Los Angeles, CA
1
Cit Small Business Lending Corp
Livingston, NJ
2
Citibank
Las Vegas, NV
1
Comerica Bank
Dallas, TX
2
Community Bank
Pasadena, CA
1
East West Bank
Pasadena, CA
1
Fullerton Community Bank, FSB
Fullerton, CA
1
Gbc International Bank
Monterey Park, CA
2
Hanmi Bank
Los Angeles, CA
2
Innovative Bank
Oakland, CA
4
Lehman Brothers Bank, FSB
Wilmington, DE
1
Nara Bank
Los Angeles, CA
1
National Bank Of California
Los Angeles, CA
1
Pacific Western Bank
Escondido, CA
3
Pacific Western Bank
Glendora, CA
1
Pff Bank & Trust
Pomona, CA
2
Premier Comm. Bank
Anaheim, CA
1
Shinhan Bank America
Los Angeles, CA
1
Shinhan Bank America
New York City, NY
1
Southland Credit Union
Downey, CA
1
U.S. Bank National Association
Cincinnati, OH
3
United Central Bank
Garland, TX
1
Uniti Bank
Buena Park, CA
1
Valley Community Bank
Pleasanton, CA
1
Vineyard Bank
Corona, CA
2
Wachovia SBA Lending, Inc.
Roseville, CA
1
Wells Fargo Bank
Orange, CA
1
Wells Fargo Bank
San Jose, CA
5
Wilshire State Bank
Los Angeles, CA
4

Montclair Bank Loan Tips

Before contacting banks for a loan, you will need to determine exactly what size loan you will be asking for.

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.

Being able to present a well-written business plan is essential. If the loan is to for a going concern, 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, the bank may ask you to to secure the business with 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 these banks 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 get up to speed 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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