These materials were prepared for entrepreneurs in Lenox, Iowa who are interested in getting a bank loan.
Local Lenox Lenders
To assist you in finding a small business banker, here's our list of small business banks in Lenox.
Small Business Bank |
Recent SBA Loans |
First Federal Savings Bank of Creston |
|
Union Bank NA |
|
Other Lending Resources for Lenox Businesses
Be sure to speak with bankers outside of Lenox, Iowa. These banks, in the table below, have lent to other Lenox small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Lenox 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 is a time-consuming task.
It's always a good idea to talk to as many banks as possible.
When applying for 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 better loan terms 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
Gaebler.com is a site that is devoted to helping entrepreneurs, and we have a
lot of useful articles about to Raising
Money. If you want to learn about raising money, one article that might be of interest to you is 504 Loans.
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