We wrote this article for entrepreneurs in Ilion, New York who are interested in getting a small business loan.
Other Lending Resources for Ilion Businesses
Be sure to speak with bankers outside of Ilion, New York. These banks, in the table below, have lent to other Ilion small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Ilion Business Loan Advice
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan is not a slam dunk.
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 the best rate on a small business loan.
Remember, before visiting with local small business banks, 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
Borrowing Money from Friends and Family.
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