Loan Census Banking News and Information
November 25, 2024  
 
 
  Business Loan Information  
 

Business Loan Atlantic, Iowa

 
Loan Census SBA Loan Info

Small business loans in Atlantic, Iowa are available. You just need to talk to the right bank.

This article is written specifically for small business proprietors in Atlantic, Iowa who are interested in getting debt financing.

Local Atlantic Lenders

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

Small Business Bank Recent SBA Loans
Atlantic State Bank  
First Whitney Bank & Trust - Bookeeping  
First Whitney Bank and Trust - Drive-Up Bank  
First Whitney Bank and Trust - Main Bank  
Rolling Hills Bank & Trust 10
Security First Bank  
Tierone Bank  
Wells Fargo Bank Iowa NA  
Wells Fargo Bank NA - Commercial & Agriculture Department  
Wells Fargo Bank NA - Customer Service  
Wells Fargo Home Mortgage  

Lenders for Atlantic Businesses

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

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
U.S. Bank National Association
Cincinnati, OH
2
United Bank Of Iowa
Ida Grove, IA
1
Wells Fargo Bank
Sioux Falls, SD
1

Tips for Getting a Business Loan in Atlantic

Prior to contacting banks to discuss getting a bank loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the money back to the bank.

Having a business plan is is critically important. If the capital is to for a company that is already doing 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, the bank may ask you to to secure the business with your personal assets, such as the equity in your home. 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. Prior to visiting local banks, 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 devoted to supporting small business owners, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read Business Incubators.

Business Loan Sources for Other Cities in Iowa
Get a Business Loan in Ankeny
Get a Business Loan in Bettendorf

Browse All Business Loan Sources for Iowa