We wrote this article for small business owners in Plano, Illinois who are interested in getting a bank loan.
Lenders for Plano Businesses
Be sure to speak with bankers outside of Plano, Illinois. These banks, in the table below, have lent to other Plano small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Plano Business Loan Advice
Getting a bank loan is one of the most common sources of funding for a small business, but securing debt financing is not a slam dunk.
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 better loan terms 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 very competitive loan terms.
Remember, before meeting with a banker, 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
Take the time to learn as much as you can about Raising
Money. To get started, we recommend you read
Business Credit Evaluation.
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