Loan Census Banking News and Information
December 30, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Parkston, South Dakota

 
Loan Census SBA Loan Info

Small business loans in Parkston, South Dakota are available. You just need to talk to the right bank.

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.

Small Business Bank Recent SBA Loans
First Dakota National Bank
Mitchell, SD
1

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.

Business Loan Sources for Other Cities in South Dakota
Get a Business Loan in Mitchell
Get a Business Loan in Pierre

Browse All Business Loan Sources for South Dakota