Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Pickerington, Ohio Business Loan

 
Loan Census SBA Loan Info

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

We wrote this article for entrepreneurs in Pickerington, Ohio who are interested in getting a bank loan.

Local Pickerington Banks

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

Small Business Bank Recent SBA Loans
Fairfield Federal  
Fairfield National Bank  
Fifth Third Bank - Banking Centers- Pickerington  

Business Loan Providers for Pickerington Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
2
Business Loan Center, LLC
New York, NY
1
Business Loan Center, LLC
Panama City Beach, FL
4
Capital One
Mclean, VA
3
Cfbank
Columbus, OH
1
Comerica Bank
Dallas, TX
1
Commerce National Bank
Columbus, OH
1
Fairfield National Bank A Division
Lancaster, OH
4
Heartland Bank
Dublin, OH
1
Innovative Bank
Oakland, CA
1
Jpmorgan Chase Bank
Columbus, OH
1
Jpmorgan Chase Bank
Houston, TX
19
Keybank National Association
Cleveland, OH
2
National City Bank
Cleveland, OH
9
Providence Bank
Rocky Mount, NC
1
The Citizens Savings Bank
Lancaster, OH
2
The Huntington National Bank
Canton, OH
4
The Huntington National Bank
Columbus, OH
14
The Huntington National Bank
Zanesville, OH
1
U.S. Bank National Association
Cincinnati, OH
13
Wachovia SBA Lending, Inc.
Roseville, CA
1

Pickerington Business Loan Advice

As a prerequisite to meeting with lenders to discuss getting a bank 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, define how the money will be used, and show how you plan to pay the loan back to the lender.

A well-defined business plan is an important prerequisite. If the money is to for a company that is already doing 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, the bank may ask you to to pledge 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 the banks in our list are SBA lenders. Prior to visiting local banks, 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

Take the time to learn as much as you can about Raising Money. To get the ball rolling, we recommend you read 504 Loans.

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