We wrote this article for small business proprietors in Newberry, Michigan who are interested in getting debt financing.
Local Newberry Business Lenders
To assist you in finding a small business banker, here's our list of small business banks in Newberry.
Small Business Bank |
Recent SBA Loans |
First National Bank of St Ignace |
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Banks that Lend to Newberry Businesses
Be sure to speak with bankers outside of Newberry, Michigan. These banks, in the table below, have lent to other Newberry small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Newberry Business Loan Advice
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy.
It's always a good idea to talk 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 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 very competitive loan terms.
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
If you are serious about Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Borrowing Money from Friends and Family.
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