If you are planning on applying for a small business loan and your business is based in Morgantown, Kentucky, we've assembled a list of local small business banks that you should contact.
Local Morgantown Business Loan Sources
To help you learn more about local small business lenders, here's our list of small business banks in Morgantown.
Small Business Bank |
Recent SBA Loans |
Green River Bank |
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Morgantown Bank & Trust |
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Lenders for Morgantown Businesses
Be sure to speak with bankers outside of Morgantown, Kentucky. These banks, in the table below, have lent to other Morgantown small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Business Loan Advice for Morgantown Businesses
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan is a time-consuming task.
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 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
Take the time to learn as much as you can about Raising
Money. For starters, we suggest you read
Getting a Small Business Loan.
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