We wrote this article for entrepreneurs in Paxton, Illinois who are interested in getting debt financing.
Local Paxton Lending Resources
To assist you in finding a small business banker, here's our list of small business banks in Paxton.
Small Business Bank |
Recent SBA Loans |
Busey Bank |
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Banks that Lend to Paxton Businesses
Banks outside of Paxton will often lend to entrepreneurs in Paxton, IL. Here's a list of out-of-area banks that have recently made loans to Paxton entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Illinois or from out of state.
Tips for Getting a Business Loan in Paxton
When your business is growing, it's going to happen.
"I need a small business loan!" you'll say.
Maybe you need a $50,000 small business loan to pay your income taxes. Perhaps you need a $100,000 business loan to buy more inventory.
It's time to get to know a small business lender in Paxton.
Sure, there are other ways to raise money: person to person loans, equity financing,
and merchant credit card loans, to name a few.
But, in the final analysis, finding a small business loan from a bank is often the easiest way for a small business to get cash in a hurry to fund growth plans.
Gaebler.com Advice on Raising Money
Invest the time to learn as much as you can about Raising
Money. To get started, we recommend you read
Angel Investors.
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