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March 28, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in North Wilkesboro, North Carolina

 
Loan Census SBA Loan Info

Raising money in North Wilkesboro, North Carolina? If so, you'll want to talk to some of these small business lenders in North Wilkesboro.

If you are looking for a small business loan and your business is based in North Wilkesboro, North Carolina, we've assembled a list of local small business banks that you should contact.

Local North Wilkesboro Banks

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

Small Business Bank Recent SBA Loans
Bank of America  
BB & T - Branches- North Wilkesboro  
Central Carolina Bank - North Wilkesboro Office  
Communityone Bank 5
First Citizens Bank - Offices- Wilkesboro & ATM  
First Union - Departments- Corporate Real Estate  
First Union - Financial Centers- North Wilkesboro Main Office  
Mortgage Centre  
Mortgage Specialist Inc  
Mountain Farm Credit  
Northwestern Bank  

Business Loan Providers for North Wilkesboro Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
8
Bank Of Granite
Granite Falls, NC
17
Wachovia Bank
Winston Salem, NC
2
Wachovia SBA Lending, Inc.
Roseville, CA
2

Business Loan Advice for North Wilkesboro Businesses

Prior to reaching out to banks for a 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 bank.

A well-defined business plan is is critically important. If the financing 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 participate in the financial assistance programs available through the SBA. Prior to visiting local banks, 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.

Gaebler.com Advice on Raising Money

Make the effort and learn as much as you can about Raising Money. To get the ball rolling, we recommend you read 504 Loans.

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