These materials were prepared for small business proprietors in Alliance, Nebraska who are interested in getting a small business loan.
Local Alliance Banks
To help you learn more about local small business lenders, here's our list of small business banks in Alliance.
Small Business Bank |
Recent SBA Loans |
First National Bank |
4 |
Nebraska State Bank |
|
Tierone Bank |
|
Wells Fargo Bank N A |
|
Other Lending Resources for Alliance Businesses
This is a list of banks outside of Alliance, Nebraska that have provided SBA loans to Alliance businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
Bank Of America
Charlotte, NC |
1 |
Bank Of The West
Salt Lake City, UT |
6 |
Bank Of The West
Truckee, CA |
1 |
Business Lenders, LLC
Hartford, CT |
1 |
Capital One
Mclean, VA |
1 |
First National Bank
North Platte, NE |
11 |
First National Bank
Scottsbluff, NE |
1 |
First National Bank Of Chadron
Chadron, NE |
1 |
Pinnacle Bank-wyoming
Torrington, WY |
1 |
Security First Bank
Rushville, NE |
1 |
Unity Bank
Clinton, NJ |
1 |
Valley Bank And Trust Company
Scottsbluff, NE |
1 |
Alliance Business Loan Advice
As a prerequisite to reaching out to lenders to discuss getting a bank loan, you will need to determine exactly what size loan you will be asking for.
You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the money back to the lender.
Having a business plan is essential. If the capital is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know 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, the bank may ask you to to to guarantee the loan with your personal assets, such as stocks and bonds that you might own or life insurance policies. The banks will look at your personal credit report 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 you sit down to talk with a small business 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
If you are planning on Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
Business Loan Sources for Other Cities in Nebraska
Get a Business Loan in Beatrice
Browse All Business Loan Sources for Nebraska