We wrote this article for entrepreneurs in Montgomery, Michigan who are interested in getting a bank loan.
Other Lending Resources for Montgomery Businesses
Be sure to speak with bankers outside of Montgomery, Michigan. 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.
Tips for Getting a Business Loan in Montgomery
Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan is not a slam dunk.
Improve your odds by talking 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
If you are planning on Raising
Money, you need to get up to speed on the subject. If you haven't read it
already, we recommend you review
504 Loans.
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