Loan Census Banking News and Information
December 7, 2023  
  Business Loan Information  

Troy, Alabama Small Business Loans

Loan Census SBA Loan Info

Getting a business loan in Troy, Alabama seems challenging at first, but we're here to help you get started.

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

Local Troy Business Lenders

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

Small Business Bank Recent SBA Loans
Colonial Bank - Banking Office- Troy  
First National Bank  
Regions Bank - Main Branch  
Regions Bank - University Branch  
Southtrust Bank - Bell Road Office- Troy Bypass Office  
Southtrust Bank - Bell Road Office- Troy Main Office  
Troy Bank & Trust 8

Other Lending Resources for Troy Businesses

Be sure to speak with bankers outside of Troy, Alabama. These banks, in the table below, have lent to other Troy small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
1st National Bank - Brundidge
Brundidge, AL
Business Loan Center, LLC
Panama City Beach, FL
Capital One
Mclean, VA
Compass Bank
Birmingham, AL
Regions Bank
Atlanta, GA
Wachovia Bank
Charlotte, NC

Troy Bank Loan Tips

Borrowing money is one of the most common sources of funding for a small business, but securing debt financing is a time-consuming task.

Improve your odds by talking to as many banks as possible.

When getting a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.

By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best possible small business loan.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements. Advice on Raising Money

If you are new to our site, you should know that we are devoted to helping entrepreneurs, and we have a lot of information pertaining to to Raising Money. To learn more, one article that might be of interest to you is Business Incubators.

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