Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Sutherland, Nebraska Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Sutherland, Nebraska 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.

If you are planning on applying for a small business loan and your business is based in Sutherland, Nebraska, we've assembled a list of local small business banks that you should contact.

Local Sutherland Lending Resources

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

Small Business Bank Recent SBA Loans
Adams Bank & Trust  
Western Insurers of Nebraska  

SBA Lenders for Sutherland Businesses

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

Small Business Bank Recent SBA Loans
First National Bank
North Platte, NE
2
Nebraskaland Finan Services In
North Platte, NE
1
The Hershey State Bank
Hershey, NE
1

Sutherland Bank Loan Tips

Prior to reaching out to banks for a 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 your ability to pay the money back to the bank.

A well-defined business plan is is critically important. If the loan is to for a going concern, you should also have financial statements covering the last three years. Bankers will also want to know 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 cash flow from the business does not meet your projections.

If the business has few assets, the bank may ask you to to pledge your personal assets, such as the equity in your home. 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 are SBA lenders. 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

Invest the time to learn as much as you can about Raising Money. To get started, we recommend you read 504 Loans.

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