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December 23, 2024  
 
 
  Business Loan Information  
 

Brooksville, Kentucky Small Business Loans

 
Loan Census SBA Loan Info

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

If you are looking for a small business loan and your business is based in Brooksville, Kentucky, we've assembled a list of local small business banks that you should contact.

Local Brooksville Lenders

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

Small Business Bank Recent SBA Loans
Bank of Germantown  
First National Bank  

Banks that Lend to Brooksville Businesses

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

Small Business Bank Recent SBA Loans
Citizens Deposit Bank & Trust
Germantown, KY
1
Integra Bank
Evansville, IN
1

Brooksville Bank Loan Tips

Prior to contacting lenders for a 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, define how the money will be used, and show how you plan to pay the money back to the lender.

Having a business plan is an important prerequisite. If the money is to for a going concern, you should also have financial statements covering the last three years. In addition, you should itemize 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 pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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

If you are new to our Gaebler.com site, you should know that we are devoted to helping entrepreneurs, and we have a lot of useful articles about to Raising Money. For example, we would suggest you read Microlending as a Small Business Funding Source.

Business Loan Sources for Other Cities in Kentucky
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Get a Business Loan in Burlington

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