Small Business Lenders in Homosassa, Florida

Local Homosassa Business Lenders

Without further adieu, here's our list of small business banks in Homosassa.

Banks that Lend to Homosassa Businesses

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

Business Loan Advice for Homosassa Businesses

As a prerequisite to meeting with lenders for a loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, define how the money will be used, and show how you plan to pay the money back to the lender.

A well-defined business plan is essential. If the bank loan 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 cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as the equity in your home. 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 meeting with the banker, you may want to read up on 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 dedicated to supporting small business owners, and we have a lot of resources related to to Raising Money. For example, we would suggest you read Business Line of Credit.