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

Business Loan Olivet, Michigan

 
Loan Census SBA Loan Info

I need a loan for my business in Olivet, Michigan! If that's what's on your mind, you've come to the right place.

We wrote this article for entrepreneurs in Olivet, Michigan who are interested in getting a small business loan.

Local Olivet Business Lenders

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

Small Business Bank Recent SBA Loans
Eaton Federal Savings Bank - Olivet  
Independent Bank  

Other Lending Resources for Olivet Businesses

Be sure to speak with bankers outside of Olivet, Michigan. These banks, in the table below, have lent to other Olivet 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
Chemical Bank
Benton Harbor, MI
1
Chemical Bank
Midland, MI
3
National City Bank
Bannockburn, IL
1
National City Bank
Cleveland, OH
2

Tips for Getting a Business Loan in Olivet

Borrowing money is one of the most common sources of funding for a small business, but securing debt financing requires a fair amount of work.

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 a better deal 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 very competitive loan terms.

Remember, before meeting with a banker, 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 new to our Gaebler.com site, you should know that we are dedicated to assisting entrepreneurs, and we have a lot of resources related to to Raising Money. If raising money is on your to-do list, one article that might be of interest to you is SBIR Funding.

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