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

Business Loan Suisun City, California

 
Loan Census SBA Loan Info

I need a loan for my business in Suisun City, California! If that's what's on your mind, you've come to the right place.

We wrote this article for small business proprietors in Suisun City, California who are interested in getting a small business loan.

Local Suisun City Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Suisun City.

Small Business Bank Recent SBA Loans
7 Eleven Food Store  
Bank Of America  

Other Lending Resources for Suisun City Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
4
Hanmi Bank
Los Angeles, CA
1
Innovative Bank
Oakland, CA
1
U.S. Bank National Association
Cincinnati, OH
3
Umpqua Bank
Roseburg, OR
1
United Security Bank
Fresno, CA
1

Tips for Getting a Business Loan in Suisun City

Before contacting 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 introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the money back to the bank.

Having a business plan is an important prerequisite. If the money is to for a company that is already doing business, you should also have financial statements covering the last three years. You will also need to discuss 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 you cannot repay the loan.

If the business has few assets, you will likely be asked to to guarantee the loan with your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business 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

Take the time to learn as much as you can about Raising Money. To get the ball rolling, we suggest you read 504 Loans.

Business Loan Sources for Other Cities in California
Get a Business Loan in Stockton
Get a Business Loan in Sun City

Browse All Business Loan Sources for California