Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Crescent City, Florida Business Loan

 
Loan Census SBA Loan Info

Small business loans in Crescent City, Florida are available. You just need to talk to the right bank.

This article is written specifically for small business owners in Crescent City, Florida who are interested in getting a bank loan.

Local Crescent City Business Lenders

To assist you in finding a small business banker, here's our list of small business banks in Crescent City.

Small Business Bank Recent SBA Loans
Bank Of America  

Other Lending Resources for Crescent City Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
3
Community W. Bank
Goleta, CA
1

Crescent City Business Loan Advice

Before contacting 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 your ability to pay the loan back to the bank.

Being able to present a well-written 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 you cannot repay the loan.

If the business has few assets, you will likely be asked to pledge 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 are SBA lenders. 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 serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Investor Turnoffs.

More Business Loan Info for Florida
Get a Business Loan in Coral Springs
Get a Business Loan in Crestview

Browse All Business Loan Sources for Florida