Loan Census Banking News and Information
August 5, 2021  
 
 
  Business Loan Information  
 

Business Loan Paramount, California

 
Loan Census SBA Loan Info

Looking for a Paramount, California small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

These materials were prepared for entrepreneurs in Paramount, California who are interested in getting debt financing.

Local Paramount Business Lenders

To assist you in finding a small business banker, here's our list of small business banks in Paramount.

Small Business Bank Recent SBA Loans
Bank Of America  

Banks that Lend to Paramount Businesses

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

Small Business Bank Recent SBA Loans
Alliance Bank
Culver City, CA
1
Banco Popular North America
New York City, NY
11
Bank Of America
Charlotte, NC
35
Borrego Springs Bank
Borrego Springs, CA
1
California Bank & Trust
Sacramento, CA
14
California National Bank
Los Angeles, CA
1
Capital One
Mclean, VA
2
Cathay Bank
Alhambra, CA
1
Center Bank
Los Angeles, CA
8
Cit Small Business Lending Corp
Livingston, NJ
1
Citibank
Las Vegas, NV
3
Citibank
San Francisco, CA
4
Community Bank
Pasadena, CA
1
Community W. Bank
Goleta, CA
2
Gateway Business Bank
Cerritos, CA
2
Hanmi Bank
Los Angeles, CA
3
Inland Commun Bank
Rialto, CA
1
Innovative Bank
Oakland, CA
16
Internatl City Bank
Long Beach, CA
2
Lehman Brothers Bank, FSB
Wilmington, DE
3
Loans From Old Closed Lenders
Washington, DC
1
Merchants Bank - California Natl
Carson, CA
1
Mirae Bank
Los Angeles, CA
1
Mission Oaks National Bank
Temecula, CA
1
Nara Bank
Los Angeles, CA
3
Pacific Western Bank
Huntington Beach, CA
1
Premier Comm. Bank
Anaheim, CA
1
Saehan Bank
Los Angeles, CA
5
Shinhan Bank America
Los Angeles, CA
1
Small Business Loan Source LLC
Houston, TX
1
Temecula Valley Bank
Temecula, CA
1
U.S. Bank National Association
Cincinnati, OH
7
Union Bank Of California
San Francisco, CA
6
United Central Bank
Garland, TX
2
United Commercial Bank
San Francisco, CA
3
Uniti Bank
Buena Park, CA
3
Ups Capital Business Credit
Windsor, CT
3
Washington Mutual Bank
Henderson, NV
6
Wells Fargo Bank
San Jose, CA
9
Wells Fargo Bank
Sioux Falls, SD
1
Wells Fargo Bank
West Covina, CA
1
Wilshire State Bank
Los Angeles, CA
12

Tips for Getting a Business Loan in Paramount

As a prerequisite to reaching out to 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.

A well-defined business plan is an important prerequisite. If the capital is to for an existing business, 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, you will likely be asked to secure the business with your personal assets, such as stocks and bonds that you might own or life insurance policies. 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. Before you sit down to talk with a small business banker, you may want to read up on 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

Our Gaebler.com site is devoted to assisting entrepreneurs, and we have a lot of useful articles about to Raising Money. For example, one article that might be of interest to you is Business Cash Advances.

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