Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in West Salem, Ohio

 
Loan Census SBA Loan Info

Getting a business loan in West Salem, Ohio 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 West Salem, Ohio, we've put together a list of local small business banks that you should contact.

Local West Salem Banks

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

Small Business Bank Recent SBA Loans
Farmers State Bank  

Business Loan Providers for West Salem Businesses

Be sure to speak with bankers outside of West Salem, Ohio. These banks, in the table below, have lent to other West Salem 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
Firstmerit Bank
Akron, OH
4
Jpmorgan Chase Bank
Chicago, IL
1
Jpmorgan Chase Bank
Houston, TX
1
Wells Fargo Bank
San Jose, CA
1

Business Loan Advice for West Salem Businesses

Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy.

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

When applying for 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 rate on a small business loan.

Remember, before visiting with local small business banks, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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