If you are hoping to get a small business loan and your business is based in Parkston, South Dakota, we've assembled a list of local small business banks that you should contact.
Local Parkston Lending Resources
Without further adieu, here's our list of small business banks in Parkston.
Small Business Bank |
Recent SBA Loans |
Farmers State Bank |
2 |
First Dakota National Bank |
|
Services Center Federal Credit Union |
|
Other Lending Resources for Parkston Businesses
Be sure to speak with bankers outside of Parkston, South Dakota. These banks, in the table below, have lent to other Parkston 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 Parkston Businesses
Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.
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 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
Gaebler.com is a site that is dedicated to helping entrepreneurs, and we have a
lot of resources related to to Raising
Money. If raising money is on your to-do list, one article that might be of interest to you is 504 Loans.
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