If you are planning on applying for a small business loan and your business is based in Pekin, Illinois, we've assembled a list of local small business banks that you should contact.
Local Pekin Business Loan Sources
To help you learn more about local small business lenders, here's our list of small business banks in Pekin.
Lenders for Pekin Businesses
Be sure to speak with bankers outside of Pekin, Illinois. These banks, in the table below, have lent to other Pekin 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 |
Associated Bank
Green Bay, WI |
1 |
Associated Bank
Peoria, IL |
1 |
Bank Of America
Charlotte, NC |
2 |
Capital One
Mclean, VA |
4 |
Commerce Bank
Kansas City, MO |
2 |
First Capital Bank
Peoria, IL |
1 |
Heartland Bank & Trust
Bloomington, IL |
9 |
Innovative Bank
Oakland, CA |
9 |
Jpmorgan Chase Bank
Houston, TX |
1 |
National City Bank
Bannockburn, IL |
7 |
National City Bank
Cleveland, OH |
4 |
Regions Bank
Memphis, TN |
1 |
Regions Bank
Peoria, IL |
1 |
State Bank Of Lincoln
Lincoln, IL |
1 |
Wells Fargo Bank
San Jose, CA |
1 |
Business Loan Advice for Pekin Businesses
Borrowing money is one of the most common sources of funding for a small business, but getting a loan is a time-consuming task.
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
If you are serious about Raising
Money, you need to get up to speed on the subject. If you haven't read it
already, we recommend you review
Business Cash Advances.
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