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April 20, 2021  
 
 
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Business Loan Palestine, Arkansas

 
Loan Census SBA Loan Info

Getting a business loan in Palestine, Arkansas seems challenging at first, but we're here to help you get started.

This article is written specifically for small business owners in Palestine, Arkansas who are interested in getting a small business loan.

Local Palestine Business Lenders

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

Small Business Bank Recent SBA Loans
First National Bank of Eastern Arkansas - Palestine Branch  

SBA Lenders for Palestine Businesses

Be sure to speak with bankers outside of Palestine, Arkansas. These banks, in the table below, have lent to other Palestine 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
Capital One
Mclean, VA
1

Tips for Getting a Business Loan in Palestine

Getting a bank loan is one of the most common sources of funding for a small business, but finding financing can be difficult.

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

When getting 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 talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get a great deal on your bank loan.

Remember, before visiting with local small business banks, 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 get up to speed on the subject. If you haven't read it already, we recommend you review Realistic Debt Financing Options.

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