Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Grand Haven, Michigan

 
Loan Census SBA Loan Info

Small business loans in Grand Haven, Michigan are available. You just need to talk to the right bank.

If you are planning on applying for a small business loan and your business is based in Grand Haven, Michigan, we've assembled a list of local small business banks that you should contact.

Local Grand Haven Lenders

To help you learn more about local small business lenders, here's our list of small business banks in Grand Haven.

Small Business Bank Recent SBA Loans
Bank One  
Chemical Bank Shoreline  
Comerica Bank NA  
Community Shores Bank  
Fifth Third Bank 1
Flagstar Bank  
Grand Haven Bank 46
Huntington Bank - Banking  
Huntington Bank - Departments- Mortgage Loans  
Independent Mortgage Company  

SBA Lenders for Grand Haven Businesses

This is a list of banks outside of Grand Haven, Michigan that have provided SBA loans to Grand Haven businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
California Bank & Trust
Sacramento, CA
1
Capital One
Mclean, VA
1
Chemical Bank
Benton Harbor, MI
1
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank
Lansing, MI
3
Comerica Bank
Dallas, TX
3
Community Shores Bank
Muskegon, MI
5
Fifth Third Bank
Grand Rapids, MI
9
Innovative Bank
Oakland, CA
1
Irwin Union Bank & Trust
Columbus, IN
2
Jpmorgan Chase Bank
Houston, TX
4
Lasalle Bank Midwest
Troy, MI
1
Macatawa Bank
Grand Rapids, MI
1
Macatawa Bank
Holland, MI
11
Mercantile Bank Of Michigan
Grand Rapids, MI
1
Muskegon Commerce Bank
Muskegon, MI
2
National City Bank
Bannockburn, IL
15
National City Bank
Cleveland, OH
2
National City Bank
Indianapolis, IN
2
Northwestern Bank
Traverse City, MI
1
The Huntington National Bank
Columbus, OH
5

Business Loan Advice for Grand Haven Businesses

As a prerequisite to reaching out to banks for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you plan to pay the loan back to the bank.

Having a business plan is is critically important. If the financing is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which you cannot repay the loan.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as your individual retirement account or pension plan. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list are SBA lenders. Before you sit down to talk with a small business banker, you may want to get up to speed on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

If you are new to our Gaebler.com site, you should know that we are deeply committed to aiding small business owners, and we have a lot of useful articles about to Raising Money. For example, we would suggest you read Bank Credit Lines.

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