If you are looking for a small business loan and your business is based in Fayette, Missouri, we've assembled a list of local small business banks that you should contact.
Local Fayette Lenders
Without further adieu, here's our list of small business banks in Fayette.
Small Business Bank |
Recent SBA Loans |
Commercial Trust Co. |
1 |
Exchange Bank of Missouri |
|
Merchants & Farmers Bank |
|
Business Loan Providers for Fayette Businesses
Be sure to speak with bankers outside of Fayette, Missouri. 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.
Fayette Bank Loan Tips
Borrowing money is one of the most common sources of funding for a small business, but getting a loan 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 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.
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