|
Small business loans in Des Moines, Iowa are available. You just need to talk to the right bank.
This article is written specifically for entrepreneurs in Des Moines, Iowa who are interested in getting debt financing.
Local Des Moines Lending Resources Without further adieu, here's our list of small business banks in Des Moines.
Small Business Bank |
Recent SBA Loans |
ABN AMRO |
|
Banc Of America Investment Services- Inc |
|
Bank Annuity Partners LLC |
|
Bank Of America |
|
Bankers' Bank |
|
Bankers Trust |
|
Commercial Federal Bank |
|
Community St. Bank |
2 |
Community State Bank |
3 |
Des Moines Metro Cu |
1 |
Earlham Savings Bank - Skywalk |
|
Federal Home Loan Bank |
|
Federal Reserve Bank of Chicago |
|
First American Bank |
2 |
First Bank |
1 |
First Security Bank |
|
Firstar Investment Services |
|
Fort Des Moines Community Bank |
|
Iowa State Bank |
34 |
Lasalle National Bank |
|
Liberty Bank |
|
Mercantile Bank - Hubbell Office |
|
Mercantile Bank - Wakonda Office |
|
Mercantile Bank of Polk County - Merle Hay Office |
|
Metabank |
|
U S Bank Home Mortgage - Visit Any U S Bank Location |
|
Union Planters Bank NA - Banking Centers- Des Moines |
|
US Bank - Branch Offices- Des Moines- Des Moines-Merle Hay Office |
|
Wells Fargo Bank |
14 |
West Bank |
|
Lenders for Des Moines Businesses This is a list of banks outside of Des Moines, Iowa that have provided SBA loans to Des Moines businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
American Enterprise Bank
Buffalo Grove, IL |
4 |
American State Bank
Osceola, IA |
1 |
Bank Iowa
Altoona, IA |
20 |
Bank Iowa
West Des Moines, IA |
2 |
Bank Of America
Charlotte, NC |
13 |
Bank Of The West
Omaha, NE |
1 |
Bank Of The West
West Des Moines, IA |
1 |
Business Loan Center, LLC
Richmond, VA |
2 |
Capital One
Mclean, VA |
5 |
Charter Bank
Johnston, IA |
4 |
Cit Small Business Lending Corp
Golden, CO |
3 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
City State Bank
Norwalk, IA |
4 |
Clarke County State Bank
Osceola, IA |
1 |
Community Bank
Nevada, IA |
1 |
Community St. Bank
Altoona, IA |
1 |
Community St. Bank
Ankeny, IA |
5 |
Community St. Bank
Johnston, IA |
1 |
Exchange State Bank
Adair, IA |
4 |
Fidelity Bank
West Des Moines, IA |
3 |
First American Bank
Fort Dodge, IA |
25 |
First American Bank
Fort Myers, FL |
12 |
First American Bank
Urbandale, IA |
1 |
First Bank
West Des Moines, IA |
18 |
First State Bank Iowa
New Hampton, IA |
2 |
Freedom Financial Bank
West Des Moines, IA |
1 |
Great Western Bank
Carlisle, IA |
1 |
Great Western Bank
Clive, IA |
5 |
Great Western Bank
Omaha, NE |
2 |
Horizon Bank
Pleasant Hill, IA |
1 |
Iowa Bank
Bellevue, IA |
1 |
Iowa State Bank
West Des Moines, IA |
1 |
Kleinbank
Waconia, MN |
1 |
Lehman Brothers Bank, FSB
Boston, MA |
1 |
Liberty Bank, FSB
West Des Moines, IA |
2 |
Metabank
Urbandale, IA |
1 |
Mountain America Fcu
West Jordan, UT |
1 |
Northwest Federal Savings Bank
Spencer, IA |
3 |
Peoples Savings Bank
Indianola, IA |
1 |
Polk County Bank
Johnston, IA |
17 |
Polk County Bank
Polk City, IA |
1 |
Regions Bank
Indianola, IA |
1 |
State Savings Bank
West Des Moines, IA |
2 |
Stearns Bank
Saint Cloud, MN |
4 |
Suntrust Bank
Richmond, VA |
1 |
Temecula Valley Bank
Temecula, CA |
1 |
U.S. Bank National Association
Cincinnati, OH |
36 |
U.S. Bank National Association
San Diego, CA |
1 |
Union State Bank
Winterset, IA |
1 |
Ups Capital Business Credit
Windsor, CT |
1 |
Vantus Bank
Sioux City, IA |
2 |
Vantus Bank
West Des Moines, IA |
2 |
Veridian Cu
Waterloo, IA |
1 |
Wells Fargo Bank
Minneapolis, MN |
11 |
Wells Fargo Bank
San Jose, CA |
26 |
Wells Fargo Bank
Sioux Falls, SD |
1 |
West Bank
West Des Moines, IA |
28 |
Tips for Getting a Business Loan in Des Moines
As a prerequisite to meeting with banks to discuss getting 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, walk the banker through the planned use of proceeds, and show your ability to pay the loan back to the bank.
A well-defined business plan is is critically important. If the loan is to for an existing business, 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, the bank may ask you to to secure the business with 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 meeting with the banker, you may want to do your homework 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
504 Loans.
More Business Loan Info for Iowa
Get a Business Loan in Denison
Get a Business Loan in Dubuque
Browse All Business Loan Sources for Iowa
|
|