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

Grenada, Mississippi Business Loan

 
Loan Census SBA Loan Info

Getting a business loan in Grenada, Mississippi seems challenging at first, but we're here to help you get started.

We wrote this article for small business proprietors in Grenada, Mississippi who are interested in getting a bank loan.

Local Grenada Business Loan Sources

To assist you in finding a small business banker, here's our list of small business banks in Grenada.

Small Business Bank Recent SBA Loans
Bancorpsouth  
M & F Bank  
Merchants & Farmers Bank 1
Morgan Keegan & CO  
State Bank & Trust CO  
Union Planters Bank - Administration  
Union Planters Bank - Brokerage Services- Administration- Main Branch  
Union Planters Bank - Elliott Branch  
Union Planters Bank - Plaza Branch  
Union Planters Bank - Sunset Branch  

Banks that Lend to Grenada Businesses

Be sure to speak with bankers outside of Grenada, Mississippi. These banks, in the table below, have lent to other Grenada 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
Borrego Springs Bank
Borrego Springs, CA
1
Business Loan Center, LLC
Panama City Beach, FL
5
Ge Cap. Small Business Finan Corp
St. Louis, MO
2
Innovative Bank
Oakland, CA
3
State Bank & Trust Company
Greenwood, MS
8

Grenada Business Loan Advice

Getting a bank loan is one of the most common sources of funding for a small business, but getting small business financing can be difficult.

Improve your odds by talking to as many banks as possible.

When getting 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 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 very competitive loan terms.

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

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Realistic Debt Financing Options.

More Business Loan Info for Mississippi
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