Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Business Loan Porter Ranch, California

 
Loan Census SBA Loan Info

Looking for a Porter Ranch, California small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

These materials were prepared for entrepreneurs in Porter Ranch, California who are interested in getting a bank loan.

Local Porter Ranch Banks

To assist you in finding a small business banker, here's our list of small business banks in Porter Ranch.

Small Business Bank Recent SBA Loans
Asset Based Lending Audit Services  
Bank Of America  

Banks that Lend to Porter Ranch Businesses

This is a list of banks outside of Porter Ranch, California that have provided SBA loans to Porter Ranch businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
Capital One
Mclean, VA
1
Comerica Bank
Dallas, TX
1
Gbc International Bank
Monterey Park, CA
1
Washington Mutual Bank
Henderson, NV
1

Tips for Getting a Business Loan in Porter Ranch

Prior to contacting banks to discuss getting a bank loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the loan back to the bank.

A well-defined business plan is an important prerequisite. If the capital is to for an existing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which you cannot repay the loan.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as your individual retirement account or pension plan. The banks will look at your personal credit report in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list participate in the financial assistance programs available through the SBA. Prior to visiting local banks, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is passionate about aiding entrepreneurs, and we have a lot of information pertaining to to Raising Money. For example, we recommend you read Realistic Debt Financing Options.

More Business Lender Lists for California Cities
Get a Business Loan in Port Hueneme
Get a Business Loan in Porterville

Browse All Business Loan Sources for California