These materials were prepared for entrepreneurs in Madison, Illinois who are interested in getting debt financing.
Lenders for Madison Businesses
Be sure to speak with bankers outside of Madison, Illinois. These banks, in the table below, have lent to other Madison small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Madison Business Loan Advice
Borrowing money is one of the most common sources of funding for a small business, but securing debt financing isn't always easy.
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 very competitive loan terms.
Remember, before contacting lenders, 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 new to our Gaebler.com site, you should know that we are passionate about helping small business owners, and we have a
lot of resources related to to Raising
Money. For example, we recommend you read Getting a Small Business Loan.
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