Small Business Lenders in Dunnellon, Florida

Local Dunnellon Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Dunnellon.

SBA Lenders for Dunnellon Businesses

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

Business Loan Advice for Dunnellon Businesses

Before meeting with banks to get a bank loan, you will need to develop the specifics of your loan request.

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 plan to pay the money 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 guarantee 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, the bank may ask you to to pledge your personal assets, such as your individual retirement account or pension plan. 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 are SBA lenders. Before you sit down to talk with a small business banker, 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

Gaebler.com is a site that is passionate about assisting entrepreneurs, and we have a lot of resources related to to Raising Money. If you want to learn about raising money, we would suggest you read Realistic Debt Financing Options.