Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Business Loan Magnolia, Ohio

 
Loan Census SBA Loan Info

I need a loan for my business in Magnolia, Ohio! If that's what's on your mind, you've come to the right place.

We wrote this article for small business owners in Magnolia, Ohio who are interested in getting a bank loan.

Local Magnolia Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Magnolia.

Small Business Bank Recent SBA Loans
Bank of Magnolia - East Sparta  
Bank of Magnolia - Magnolia  

Lenders for Magnolia Businesses

Be sure to speak with bankers outside of Magnolia, Ohio. These banks, in the table below, have lent to other Magnolia 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
National City Bank
Cleveland, OH
2
Rbs Citizens
Providence, RI
1
The Huntington National Bank
Columbus, OH
2

Tips for Getting a Business Loan in Magnolia

Borrowing money is one of the most common sources of funding for a small business, but finding financing requires a fair amount of work.

It's always a good idea to talk 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 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 the best possible 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.

Gaebler.com Advice on Raising Money

Gaebler.com is a site that is devoted to helping entrepreneurs, and we have a lot of resources related to to Raising Money. For example, one article that might be of interest to you is Investor Turnoffs.

Business Loan Sources for Other Cities in Ohio
Get a Business Loan in Macedonia
Get a Business Loan in Mansfield

Browse All Business Loan Sources for Ohio