This article is written specifically for entrepreneurs in Ferndale, Michigan who are interested in getting debt financing.
Local Ferndale Lending Resources
To help you learn more about local small business lenders, here's our list of small business banks in Ferndale.
Small Business Bank |
Recent SBA Loans |
Charter One Bank |
|
Flagstar Retail Loan Center |
|
SBA Lenders for Ferndale Businesses
Be sure to speak with bankers outside of Ferndale, Michigan. These banks, in the table below, have lent to other Ferndale 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 |
Business Loan Center, LLC
New York, NY |
2 |
Business Loan Center, LLC
Richmond, VA |
2 |
Capital One
Mclean, VA |
7 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
Citizens Bank
Lansing, MI |
1 |
Citizens First Savings Bank
Port Huron, MI |
1 |
Comerica Bank
Dallas, TX |
3 |
First Place Bank
Southfield, MI |
4 |
Guaranty Bank
Milwaukee, WI |
1 |
Jpmorgan Chase Bank
Houston, TX |
4 |
Lasalle Bank Midwest
Lansing, MI |
2 |
Lasalle Bank Midwest
Troy, MI |
2 |
National City Bank
Bannockburn, IL |
7 |
National City Bank
Cleveland, OH |
4 |
National City Bank
Indianapolis, IN |
1 |
New Liberty Bank
Plymouth, MI |
1 |
Newtek Small Business Finance Inc.
New York, NY |
1 |
Rbs Citizens
Providence, RI |
15 |
Shorebank
Chicago, IL |
1 |
The Huntington National Bank
Columbus, OH |
5 |
Wells Fargo Bank
San Jose, CA |
2 |
Ferndale Business Loan Advice
Borrowing money is one of the most common sources of funding for a small business, but securing debt financing isn't always easy.
Improve your odds by talking 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 meeting with 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 small business financing available.
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
Make the effort and learn as much as you can about Raising
Money. For starters, we recommend you read
504 Loans.
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