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

Small Business Lenders in Union City, California

 
Loan Census SBA Loan Info

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

If you are hoping to get a small business loan and your business is based in Union City, California, we've assembled a list of local small business banks that you should contact.

Local Union City Business Loan Sources

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

Small Business Bank Recent SBA Loans
Bank Of America  
Bank of the West - Branch Locations- Union City  
Cathay Bank of L A  

Other Lending Resources for Union City Businesses

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

Small Business Bank Recent SBA Loans
Bank - America California
Rancho Cordova, CA
1
Bank Of America
Charlotte, NC
18
Bank Of The West
Truckee, CA
2
Business Loan Center, LLC
New York, NY
1
California Bank & Trust
Sacramento, CA
4
California Bank & Trust
San Diego, CA
1
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
3
Citibank
Las Vegas, NV
1
Citibank
Miami, FL
1
Citibank
San Francisco, CA
2
Comerica Bank
Dallas, TX
1
Comerica Bank
Huntington Beach, CA
1
Heritage Bank Of Commerce
San Jose, CA
2
Inland Commun Bank
Rialto, CA
1
Innovative Bank
Oakland, CA
7
Nara Bank
Los Angeles, CA
1
Newtek Small Business Finance Inc.
New York, NY
1
Pacific Cap. Bank
Santa Barbara, CA
1
Sterling Savings Bank
Santa Rosa, CA
1
Superior Financial Group, LLC
Walnut Creek, CA
1
U.S. Bank National Association
Cincinnati, OH
8
Union Bank Of California
San Francisco, CA
1
United Central Bank
Garland, TX
1
United Commercial Bank
San Francisco, CA
1
Washington Mutual Bank
Henderson, NV
2
Wells Fargo Bank
San Jose, CA
7
Wells Fargo Bank
Sioux Falls, SD
1
Wilshire State Bank
Los Angeles, CA
3

Business Loan Advice for Union City Businesses

As a prerequisite to reaching out to banks for a loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the loan back to the bank.

A well-defined business plan is essential. If the bank loan is to for a going concern, you should also have financial statements covering the last three years. In addition, you should itemize 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, you will likely be asked to secure the business with 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 read up on 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

If you are new to our Gaebler.com site, you should know that we are dedicated to assisting entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read 504 Loans.

More Business Loan Info for California
Get a Business Loan in Ukiah
Get a Business Loan in Upland

Browse All Business Loan Sources for California