If you are looking for a small business loan and your business is based in Montgomery, Alabama, we've assembled a list of local small business banks that you should contact.
Local Montgomery Business Loan Sources
Without further adieu, here's our list of small business banks in Montgomery.
Small Business Bank |
Recent SBA Loans |
Administration |
|
Alabama State Employees Credit Union |
|
Aliant Bank |
36 |
Amerifirst Bank |
|
Amsouth Bank |
|
Bancorpsouth |
|
Banktrust |
1 |
Capitol Bank |
|
Cody Enterprises LLC |
|
Colonial Bancgroup Inc |
|
Colonial Bank |
14 |
Commerce South Bank |
|
Commercial Loans |
|
Community Bank & Trust |
|
Community Bank and Trust |
|
Compass Bank |
|
First Alabama Bank-Real Estate Finance |
|
First Tuskegee Bank |
3 |
M & T Bank |
|
New South Federal Savings Bank |
|
Peoples Bank and Trust |
|
Regions Bank |
107 |
Schloss Samuel L |
|
Southtrust Bank |
|
Sterling Bank |
10 |
Synovus Mortgage Corporation |
|
Trade Bank of Montgomery |
|
Wachovia Bank |
3 |
Wells Fargo |
|
Whitney |
|
SBA Lenders for Montgomery Businesses
Be sure to speak with bankers outside of Montgomery, Alabama. These banks, in the table below, have lent to other Montgomery 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 |
Banco Popular North America
New York City, NY |
2 |
Banktrust
Eufaula, AL |
1 |
Branch Bank & Trust
Snellville, GA |
1 |
Branch Bank & Trust
Winston Salem, NC |
1 |
Business Loan Center, LLC
New York, NY |
7 |
Business Loan Center, LLC
Panama City Beach, FL |
22 |
Capital One
Mclean, VA |
11 |
Capital One Bank (usa)
Glen Allen, VA |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
3 |
Colonial Bank
Prattville, AL |
1 |
Colonial Bank
Wetumpka, AL |
1 |
Comerica Bank
Dallas, TX |
1 |
Community Bank & Trust-alabama
Union Springs, AL |
1 |
Community So. Bank D.b.a Commun
Parsons, TN |
1 |
Community W. Bank
Goleta, CA |
1 |
Compass Bank
Birmingham, AL |
15 |
Excel National Bank
Beverly Hills, CA |
1 |
First Tuskegee Bank
Tuskegee, AL |
2 |
Innovative Bank
Oakland, CA |
21 |
Irwin Franchise Cap. Corp
Montvale, NJ |
1 |
Metro City Bank
Doraville, GA |
1 |
Regions Bank
Birmingham, AL |
2 |
Servisfirst Bank
Birmingham, AL |
1 |
Small Business Loan Source LLC
Houston, TX |
1 |
Sterling Bank
Prattville, AL |
1 |
Superior Bank
Birmingham, AL |
1 |
Superior Financial Group, LLC
Walnut Creek, CA |
4 |
The Cit Group, Inc.
Livingston, NJ |
1 |
United Central Bank
Garland, TX |
2 |
Wachovia Bank
Birmingham, AL |
2 |
Wachovia Bank
Charlotte, NC |
1 |
Wachovia Bank
Wetumpka, AL |
1 |
Wachovia SBA Lending, Inc.
Roseville, CA |
2 |
Whitney National Bank
New Orleans, LA |
1 |
Business Loan Advice for Montgomery Businesses
Borrowing money is one of the most common sources of funding for a small business, but getting a loan is not a slam dunk.
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 a better deal than others.
By meeting with 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 meeting with a banker, 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
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Angel Investors.
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