Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

White House, Tennessee Small Business Loans

 
Loan Census SBA Loan Info

Raising money in White House, Tennessee? If so, you'll want to talk to some of these small business lenders in White House.

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

Local White House Lenders

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

Small Business Bank Recent SBA Loans
Cumberland Bank  
Farmers Bank  
First State Bank  
Regions Bank  

Other Lending Resources for White House Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
1
Bank Of America
Charlotte, NC
2
Capital One
Mclean, VA
1
First State Bank
Union City, TN
1
Innovative Bank
Oakland, CA
1
Regions Bank
Birmingham, AL
2
Superior Financial Group, LLC
Walnut Creek, CA
2

White House Bank Loan Tips

Prior to meeting with banks to get a bank 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, define how the money will be used, and show how you plan to pay the loan back to the bank.

A well-defined business plan is is critically important. If the money is to for an existing business, 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 participate in the financial assistance programs available through the SBA. Before meeting with the banker, you may want to get up to speed 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

Take the time to learn as much as you can about Raising Money. For starters, we recommend you read 504 Loans.

Business Loan Sources for Other Cities in Tennessee
Get a Business Loan in Union City
Get a Business Loan in Winchester

Browse All Business Loan Sources for Tennessee