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April 21, 2021  
 
 
  Business Loan Information  
 

Stanfield, Arizona Business Loan

 
Loan Census SBA Loan Info

Looking for a Stanfield, Arizona 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 Stanfield, Arizona who are interested in getting a small business loan.

Business Loan Providers for Stanfield Businesses

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

Small Business Bank Recent SBA Loans
Great Western Bank
Casa Grande, AZ
2
Jpmorgan Chase Bank
Houston, TX
1

Stanfield Business Loan Advice

Before contacting banks to get 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, define how the money will be used, and show how you plan to pay the loan back to the bank.

A well-defined business plan is is critically important. If the capital 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, 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 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 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

Take the time to learn as much as you can about Raising Money. To get the ball rolling, we recommend you read Getting a Small Business Loan.

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