If you are looking for a small business loan and your business is based in Detroit, Alabama, we've assembled a list of local small business banks that you should contact.
SBA Lenders for Detroit Businesses
Banks outside of Detroit will often lend to entrepreneurs in Detroit, AL. Here's a list of out-of-area banks that have recently made loans to Detroit entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Alabama or from out of state.
Small Business Bank |
Recent SBA Loans |
Cadence Bank
Amory, MS |
1 |
Business Loan Advice for Detroit Businesses
It's only a matter of time.
"I need to learn how to get a small business loan." you'll say.
Maybe you need a $30,000 small business loan to pay your income taxes. Perhaps you need a $1,000,000 business loan to buy an office building.
It's time to get to know a small business banker in Detroit.
Sure, there are other options: borrowing family money, venture capital investors,
and merchant cash advances, to name a few.
But, in the final analysis, finding a bank loan from a small-business friendly bank is often the better tactic for a small business to raise money quickly to achieve business goals.
Gaebler.com Advice on Raising Money
Gaebler.com is a site that is passionate about aiding entrepreneurs, and we have a
lot of information pertaining to to Raising
Money. For example, we recommend you read Only Idiots Send Venture Capitalists Business Plans.
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