Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

Business Loan Simi Valley, California

 
Loan Census SBA Loan Info

Looking for a Simi Valley, 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 Simi Valley, California who are interested in getting debt financing.

Local Simi Valley Lending Resources

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

Small Business Bank Recent SBA Loans
Bank Of America  
California Oaks State Bank  
Union Bank Of California 58

Lenders for Simi Valley Businesses

This is a list of banks outside of Simi Valley, California that have provided SBA loans to Simi Valley 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
1
Bank Of America
Charlotte, NC
19
California Bank & Trust
Sacramento, CA
3
California Oaks State Bank
Thousand Oaks, CA
19
Capital One
Mclean, VA
12
Capital One Bank (usa)
Glen Allen, VA
1
Cit Small Business Lending Corp
Livingston, NJ
2
Citizens Business Bank
Ontario, CA
1
Comerica Bank
Dallas, TX
2
Community W. Bank
Goleta, CA
1
East West Bank
Tarzana, CA
1
First California Bank
Camarillo, CA
2
First Standard Bank
Los Angeles, CA
1
Gateway Business Bank
Cerritos, CA
1
Hanmi Bank
Los Angeles, CA
1
Innovative Bank
Oakland, CA
11
Lockheed Fcu
Burbank, CA
1
Mirae Bank
Los Angeles, CA
1
Oneunited Bank
Boston, MA
1
Pacific Cap. Bank
Santa Barbara, CA
1
Pacific City Bank
Los Angeles, CA
1
Premier America Cu
Chatsworth, CA
1
Rabobank, National Association
Arroyo Grande, CA
1
South Valley National Bank A Divis
Gilroy, CA
3
Telesis Community Cu
Chatsworth, CA
3
U.S. Bank National Association
Cincinnati, OH
2
Us Metro Bank
Garden Grove, CA
1
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
San Jose, CA
1
Wells Fargo Bank
Sioux Falls, SD
5
Wilshire State Bank
Los Angeles, CA
1

Tips for Getting a Business Loan in Simi Valley

As a prerequisite to contacting banks to get a bank loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, define how the money will be used, and show how you plan to pay the money back to the bank.

A well-defined business plan is is critically important. If the loan 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, you will likely be asked to secure the business with your personal assets, such as the equity in your home. 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 these banks participate in the financial assistance programs available through the SBA. Before meeting with the banker, you may want to get up to speed 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

Make the effort and learn as much as you can about Raising Money. For starters, we recommend you read Getting a Small Business Loan.

Business Loan Sources for Other Cities in California
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Get a Business Loan in Solana Beach

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