These materials were prepared for entrepreneurs in Sheffield, Alabama who are interested in getting a bank loan.
Local Sheffield Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Sheffield.
|Small Business Bank
||Recent SBA Loans
|Colonial Bank - Banking Offices- Muscle Shoals
|First Metro Bank - Florence
|First Metro Bank - Tuscumbia
Banks that Lend to Sheffield Businesses
Banks outside of Sheffield will often lend to entrepreneurs in Sheffield, AL. Here's a list of out-of-area banks that have recently made loans to Sheffield entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Alabama or from out of state.
Sheffield Business Loan Advice
Every business owner eventually goes through this.
"I need cash for my business!" you'll say.
Maybe you need a $20,000 small business loan to cover payroll. Perhaps you need a $500,000 business loan to buy some new equipment.
It's time to get to know a small business banker in Sheffield.
Sure, there are other sources of small business funding: person to person loans, equity financing,
and receivables factoring, to name a few.
But, in the final analysis, securing a small business loan from a small-business friendly bank is often the better tactic for a small business to get money fast to meet short-term business objectives.
Gaebler.com Advice on Raising Money
Take the time to learn as much as you can about Raising
Money. To get started, we recommend you read
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