These materials were prepared for entrepreneurs in Fayette, Mississippi who are interested in getting a small business loan.
Local Fayette Banks
To help you learn more about local small business lenders, here's our list of small business banks in Fayette.
Small Business Bank |
Recent SBA Loans |
Jefferson Bank |
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United Mississippi Bank |
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Business Loan Providers for Fayette Businesses
Be sure to speak with bankers outside of Fayette, Mississippi. These banks, in the table below, have lent to other Fayette small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Tips for Getting a Business Loan in Fayette
Borrowing money is one of the most common sources of funding for a small business, but getting a loan requires a fair amount of work.
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 better loan terms 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
Our Gaebler.com site is all about providing advice to entrepreneurs, and we have a
lot of resources related to to Raising
Money. For example, we recommend you read Angel Investors.
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