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.
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.
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