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June 29, 2022  
 
 
  Business Loan Information  
 

Business Loan Rancho Santa Margarita, California

 
Loan Census SBA Loan Info

Looking for a Rancho Santa Margarita, 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.

This article is written specifically for entrepreneurs in Rancho Santa Margarita, California who are interested in getting debt financing.

Local Rancho Santa Margarita Lenders

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

Small Business Bank Recent SBA Loans
Bank Of America  

Lenders for Rancho Santa Margarita Businesses

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

Small Business Bank Recent SBA Loans
Alliance Bank
Culver City, CA
1
American Security Bank
Santa Ana, CA
1
Bank Of America
Charlotte, NC
17
Bank Of The West
San Francisco, CA
1
Business Loan Center, LLC
Panama City Beach, FL
1
California Bank & Trust
Sacramento, CA
1
Capital One
Mclean, VA
1
Center Bank
Los Angeles, CA
2
Comerica Bank
Dallas, TX
1
Commerce National Bank
Fullerton, CA
1
Fullerton Community Bank, FSB
Fullerton, CA
5
Hanmi Bank
Los Angeles, CA
1
Lehman Brothers Bank, FSB
Wilmington, DE
1
Metropacific Bank
Irvine, CA
2
Pacific Western Bank
Huntington Beach, CA
2
Premier Comm. Bank
Anaheim, CA
1
South Cnty Bank
Rancho Santa Margarit, CA
9
U.S. Bank National Association
Cincinnati, OH
3
Union Bank Of California
San Francisco, CA
1
Washington Mutual Bank
Henderson, NV
2
Wells Fargo Bank
San Jose, CA
5

Tips for Getting a Business Loan in Rancho Santa Margarita

Before meeting with banks to discuss getting a bank 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, describe what the money will finance, 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 a going concern, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to guarantee 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 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 do your homework 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 dedicated to providing advice to entrepreneurs, and we have a lot of information pertaining to to Raising Money. If raising money is on your to-do list, we recommend you read Angel Investors.

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