This article is written specifically for entrepreneurs in Lincoln, Arkansas who are interested in getting a bank loan.
Local Lincoln Business Lenders
Without further adieu, here's our list of small business banks in Lincoln.
Small Business Bank |
Recent SBA Loans |
Arvest - Lincoln |
|
Arvest Bank |
|
Farm Credit Services |
|
Simmons First Bank of Northwest Arkansas |
|
Business Loan Providers for Lincoln Businesses
Be sure to speak with bankers outside of Lincoln, Arkansas. These banks, in the table below, have lent to other Lincoln small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Tips for Getting a Business Loan in Lincoln
Getting a bank loan is one of the most common sources of funding for a small business, but getting a loan is a time-consuming task.
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 contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
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