Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Business Loan Tea, South Dakota

 
Loan Census SBA Loan Info

Small business loans in Tea, South Dakota are available. You just need to talk to the right bank.

We wrote this article for entrepreneurs in Tea, South Dakota who are interested in getting a small business loan.

Local Tea Banks

To assist you in finding a small business banker, here's our list of small business banks in Tea.

Small Business Bank Recent SBA Loans
Farmers State Bank 1
Tea Branch-Valley Exchange Bank  

Business Loan Providers for Tea Businesses

Banks outside of Tea will often lend to entrepreneurs in Tea, SD. Here's a list of out-of-area banks that have recently made loans to Tea 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 South Dakota or from out of state.

Small Business Bank Recent SBA Loans
1st National Bank In Sioux Falls
Sioux Falls, SD
1
First Midwest Bank
Sioux Falls, SD
1
First Premier Bank
Sioux Falls, SD
8
Great Western Bank
Sioux Falls, SD
2
Great Western Bank
Watertown, SD
1
Minnwest Bank Sioux Falls
Sioux Falls, SD
5
U.S. Bank National Association
Cincinnati, OH
2
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Tea

It's only a matter of time.

"I need a small business loan!" you'll say.

Maybe you need a $20,000 small business loan to upgrade your business. Perhaps you need a $150,000 business loan to open up new offices on the other side of the country.

It's time to get to know a small business banker in Tea.

Sure, there are other sources of small business funding: borrowing family money, private equity deals, and merchant credit card loans, to name a few.

But, in the final analysis, securing a small business loan from a local bank is often the easiest way for a small business to secure capital to implement defined business plans.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is all about assisting entrepreneurs, and we have a lot of resources related to to Raising Money. If raising money is on your to-do list, we would suggest you read Borrowing Money from Friends and Family.

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