If you are planning on applying for a small business loan and your business is based in Galena, Illinois, we've assembled a list of local small business banks that you should contact.
Local Galena Lending Resources
To help you learn more about local small business lenders, here's our list of small business banks in Galena.
Small Business Bank |
Recent SBA Loans |
Dupaco Community Credit Union - Galena |
|
Elizabeth State Bank |
|
First Community Bank Of |
|
Galena State Bank & Trust Co. |
1 |
Business Loan Providers for Galena Businesses
Be sure to speak with bankers outside of Galena, Illinois. These banks, in the table below, have lent to other Galena small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Galena Bank Loan Tips
Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan is not a slam dunk.
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 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
Take the time to learn as much as you can about Raising
Money. To get started, we suggest you read
Business Line of Credit.
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