|
Looking for a Albuquerque, New Mexico small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.
These materials were prepared for entrepreneurs in Albuquerque, New Mexico who are interested in getting a small business loan.
Local Albuquerque Business Loan Sources To assist you in finding a small business banker, here's our list of small business banks in Albuquerque.
Lenders for Albuquerque Businesses This is a list of banks outside of Albuquerque, New Mexico that have provided SBA loans to Albuquerque businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
Banco Popular North America
Houston, TX |
1 |
Banco Popular North America
New York City, NY |
4 |
Bank Of America
Charlotte, NC |
205 |
Bank Of The Southwest
Farmington, NM |
1 |
Bank Of The Southwest
Roswell, NM |
1 |
Bank Of The West
El Paso, TX |
1 |
Bank Of The West
San Francisco, CA |
1 |
Bank Of The West
Truckee, CA |
7 |
Branch Bank & Trust
Winston Salem, NC |
1 |
Business Lenders, LLC
Hartford, CT |
1 |
Business Loan Center, LLC
New York, NY |
1 |
Business Loan Center, LLC
Richmond, VA |
5 |
Capital One
Mclean, VA |
34 |
Capital One Bank (usa)
Glen Allen, VA |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
19 |
Comerica Bank
Dallas, TX |
5 |
Commerce Bank
Flemington, NJ |
2 |
Compass Bank
Birmingham, AL |
65 |
First Chatham Bank
Savannah, GA |
1 |
First Community Bank
Belen, NM |
2 |
First Community Bank
Clovis, NM |
2 |
First Community Bank
Rio Rancho, NM |
4 |
First Community Bank
Taos, NM |
120 |
First Fed. A Division - Washin
Roswell, NM |
2 |
First National Bank - Santa Fe
Santa Fe, NM |
1 |
First National Bank Of Arizona
Phoenix, AZ |
2 |
First National Bank Of Arizona
Scottsdale, AZ |
16 |
First Standard Bank
Los Angeles, CA |
1 |
First State Bank
Gothenburg, NE |
2 |
First Western Sblc, Inc
Dallas, TX |
1 |
Ge Cap. Small Business Finan Corp
St. Louis, MO |
5 |
Grants State Bank
Grants, NM |
5 |
Independence Bank
East Greenwich, RI |
1 |
Innovative Bank
Oakland, CA |
7 |
Lehman Brothers Bank, FSB
Boston, MA |
1 |
Lehman Brothers Bank, FSB
Wilmington, DE |
4 |
Los Alamos National Bank
Los Alamos, NM |
2 |
Merrill Lynch Bank Usa
Salt Lake City, UT |
1 |
Mountain America Fcu
West Jordan, UT |
10 |
My Bank
Belen, NM |
3 |
New Mexico Bank & Trust
Rio Rancho, NM |
5 |
Newtek Small Business Finance Inc.
New York, NY |
3 |
Pacific City Bank
Los Angeles, CA |
1 |
Small Business Loan Source LLC
Houston, TX |
1 |
Stearns Bank
Saint Cloud, MN |
1 |
Sterling Savings Bank
Santa Rosa, CA |
3 |
Sunrise Bank Of Arizona
Phoenix, AZ |
35 |
U.S. Bank National Association
Cincinnati, OH |
7 |
U.S. Bank National Association
San Diego, CA |
1 |
United Commercial Bank
San Francisco, CA |
1 |
United Western Bank
Denver, CO |
1 |
Ups Capital Business Credit
Windsor, CT |
4 |
Wachovia SBA Lending, Inc.
Roseville, CA |
7 |
Wells Fargo Bank
Austin, TX |
22 |
Wells Fargo Bank
Carlsbad, CA |
1 |
Wells Fargo Bank
Minneapolis, MN |
1 |
Wells Fargo Bank
Phoenix, AZ |
36 |
Wells Fargo Bank
Salt Lake City, UT |
1 |
Wells Fargo Bank
San Jose, CA |
79 |
Wells Fargo Bank
Sioux Falls, SD |
30 |
Western Commerce Bank
Carlsbad, NM |
36 |
Tips for Getting a Business Loan in Albuquerque
Before meeting with banks to discuss getting a bank loan, you will need to develop the specifics of your loan request.
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 your ability to pay the loan back to the bank.
A well-defined business plan is essential. If the financing is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure 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 to guarantee the loan with your personal assets, such as your individual retirement account or pension plan. 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
Business Cash Advances.
Business Loan Sources for Other Cities in New Mexico
Get a Business Loan in Alamogordo
Get a Business Loan in Anthony
Browse All Business Loan Sources for New Mexico
|
|