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December 21, 2024  
 
 
  Business Loan Information  
 

Business Loan Lexington, Michigan

 
Loan Census SBA Loan Info

Looking for a Lexington, Michigan small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

We wrote this article for small business owners in Lexington, Michigan who are interested in getting a small business loan.

Local Lexington Business Loan Sources

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

Small Business Bank Recent SBA Loans
Citizens First - Lexington  
Eastern Michigan Bank - Lexington  

Banks that Lend to Lexington Businesses

Be sure to speak with bankers outside of Lexington, Michigan. These banks, in the table below, have lent to other Lexington small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Citizens First Savings Bank
Port Huron, MI
3
Jpmorgan Chase Bank
Houston, TX
1
Rbs Citizens
Providence, RI
1

Tips for Getting a Business Loan in Lexington

Getting a bank loan is one of the most common sources of funding for a small business, but securing debt financing can be difficult.

Improve your odds by talking 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 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 small business financing available.

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 planning on Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review Microlending as a Small Business Funding Source.

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