Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Monroeville, Pennsylvania

 
Loan Census SBA Loan Info

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

If you are looking for a small business loan and your business is based in Monroeville, Pennsylvania, we've assembled a list of local small business banks that you should contact.

Local Monroeville Banks

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

Small Business Bank Recent SBA Loans
Allegheny Valley Bank of Pittsburgh  
Citizens Bank  
Dollar Bank - Community Offices- Monroeville Office- Drive Thru  
Dollar Bank - Penn Hills Office- Branch Offices- East- Community Offices- Monroeville Of  
Parkvale Savings Bank D/b/a Park 7
Standard Bank, Pasb 4

SBA Lenders for Monroeville Businesses

This is a list of banks outside of Monroeville, Pennsylvania that have provided SBA loans to Monroeville businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
Ameriserv Financial Bank
Johnstown, PA
1
Banco Popular North America
New York City, NY
2
Bank Of America
Charlotte, NC
1
Branch Bank & Trust
Winston Salem, NC
2
Capital One
Mclean, VA
3
Cit Small Business Lending Corp
Livingston, NJ
1
Citizens Bank Of Pennsylvania
Philadelphia, PA
2
Dollar Bank A Fed. Savings Bk
Pittsburgh, PA
5
Enterprise Bank
Allison Park, PA
3
First Commonwealth Bank
Greensburg, PA
1
First Commonwealth Bank
Hollidaysburg, PA
5
Irwin Bank
Irwin, PA
1
National City Bank
Cleveland, OH
2
National City Bank
Erie, PA
4
National City Bank
Pittsburgh, PA
7
Pnc Bank, National Association
Philadelphia, PA
5
Pnc Bank, National Association
Pittsburgh, PA
8
Rbs Citizens
Providence, RI
18
S & T Bank
Indiana, PA
1
Small Business Loan Source LLC
Houston, TX
1
Valley National Bank
North Plainfield, NJ
1

Business Loan Advice for Monroeville Businesses

Before contacting banks to get a bank loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you plan to pay the loan back to the bank.

Being able to present a well-written business plan is is critically important. If the financing is to for a going concern, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to pledge your personal assets, such as the equity in your home. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is dedicated to aiding small business owners, and we have a lot of resources related to to Raising Money. For example, one article that might be of interest to you is 504 Loans.

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