Business Loan North Fort Myers, Florida

Local North Fort Myers Banks

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

Other Lending Resources for North Fort Myers Businesses

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

Tips for Getting a Business Loan in North Fort Myers

Before reaching out to lenders 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, describe what the money will finance, and show how you plan to pay the loan back to the lender.

A well-defined business plan is essential. If the loan is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to guarantee 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 secure the business with your personal assets, such as the equity in your home. The banks will look at your personal credit report 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 read up on 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 deeply committed to assisting small business owners, and we have a lot of useful articles about to Raising Money. To learn more, we recommend you read Investor Turnoffs.