We wrote this article for entrepreneurs in Hazel, South Dakota who are interested in getting a bank loan.
Business Loan Providers for Hazel Businesses
Banks outside of Hazel will often lend to entrepreneurs in Hazel, SD. Here's a list of out-of-area banks that have recently made loans to Hazel entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in South Dakota or from out of state.
Tips for Getting a Business Loan in Hazel
Every business owner eventually goes through this.
"I need a small business loan!" you'll say.
Maybe you need a $35,000 small business loan to cover payroll. Perhaps you need a $200,000 business loan to buy more inventory.
It's time to sit down with a small business banker in Hazel.
Sure, there are other ways to raise money: borrowing family money, private equity funds,
and merchant cash advance companies, to name a few.
But, in the final analysis, obtaining small business financing from a small-business friendly bank is often the better tactic for a small business to obtain financing to meet short-term business objectives.
Gaebler.com Advice on Raising Money
If you are serious about Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Realistic Debt Financing Options.
Business Loan Sources for Other Cities in South Dakota
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