We wrote this article for small business owners in Frankfort, New York who are interested in getting a small business loan.
Lenders for Frankfort Businesses
Be sure to speak with bankers outside of Frankfort, New York. These banks, in the table below, have lent to other Frankfort 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 Frankfort
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 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 small business financing available.
Remember, before meeting with a banker, 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 dedicated to helping small business owners, and we have a
lot of resources related to to Raising
Money. For example, we recommend you read Bank Credit Lines.
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