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March 29, 2024  
 
 
  Business Loan Information  
 

Business Loan Roslyn Heights, New York

 
Loan Census SBA Loan Info

Raising money in Roslyn Heights, New York? If so, you'll want to talk to some of these small business lenders in Roslyn Heights.

We wrote this article for small business proprietors in Roslyn Heights, New York who are interested in getting a small business loan.

Local Roslyn Heights Business Loan Sources

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

Small Business Bank Recent SBA Loans
Chase Manhattan Bank - East Hills- Area Branches With 24 Hour ATMS  
First National Bank of Long Island  

Business Loan Providers for Roslyn Heights Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
1
Bank Of America
Providence, RI
2
Innovative Bank
Oakland, CA
2
Jpmorgan Chase Bank
Houston, TX
1

Tips for Getting a Business Loan in Roslyn Heights

Before 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, define how the money will be used, and show how you intend to to pay the loan back to the bank.

Having a business plan is an important prerequisite. If the loan is to for an existing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 you cannot repay the loan.

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 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

Invest the time to learn as much as you can about Raising Money. To get started, we suggest you read Getting a Small Business Loan.

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