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

Erie, Illinois Business Loan

 
Loan Census SBA Loan Info

I need a loan for my business in Erie, Illinois! If that's what's on your mind, you've come to the right place.

We wrote this article for small business proprietors in Erie, Illinois who are interested in getting a small business loan.

Local Erie Banks

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

Small Business Bank Recent SBA Loans
Erie State Bank  

Banks that Lend to Erie Businesses

Be sure to speak with bankers outside of Erie, Illinois. These banks, in the table below, have lent to other Erie small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Bank Of The West
Truckee, CA
1

Erie Business Loan Advice

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing is not a slam dunk.

It's always a good idea to talk to as many banks as possible.

When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.

By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best rate on a small business loan.

Remember, before contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review How Equity Dilution Works.

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