Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Business Loan Lovington, New Mexico

 
Loan Census SBA Loan Info

Small business loans in Lovington, New Mexico are available. You just need to talk to the right bank.

We wrote this article for entrepreneurs in Lovington, New Mexico who are interested in getting debt financing.

Local Lovington Business Loan Sources

To assist you in finding a small business banker, here's our list of small business banks in Lovington.

Small Business Bank Recent SBA Loans
A & A Title Loan Inc  
Lea County State Bank 3
Norwest Bank  
Wells Fargo Bank NA  
Western Commerce Bank 4

Business Loan Providers for Lovington Businesses

Be sure to speak with bankers outside of Lovington, New Mexico. These banks, in the table below, have lent to other Lovington 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
Bank Of America
Charlotte, NC
1
Capital One
Mclean, VA
1
Lea County State Bank
Hobbs, NM
3
Pioneer Bank
Hobbs, NM
1
The First National Bank
Artesia, NM
2
Wells Fargo Bank
Albuquerque, NM
1
Wells Fargo Bank
San Jose, CA
2
Western Commerce Bank
Carlsbad, NM
16
Western Commerce Bank
Hobbs, NM
1

Tips for Getting a Business Loan in Lovington

Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan requires a fair amount of work.

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 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

Our Gaebler.com site is devoted to helping entrepreneurs, and we have a lot of useful articles about to Raising Money. For example, we would suggest you read Only Idiots Send Venture Capitalists Business Plans.

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