Redmond, Oregon Small Business Loans

Looking for a Redmond, Oregon 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.

If you are hoping to get a small business loan and your business is based in Redmond, Oregon, we've put together a list of local small business banks that you should contact.

Local Redmond Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Redmond.

Small Business Bank	Recent SBA Loans
Bank Of America
Bank Of The Cascades	1
Columbia River Bank
Sterling Savings Bank - Redmond
U S Bank - Branch Offices- Redmond- Redmond Office
Washington Mutual - 5th & Forest- Bank Locations- Redmond
Washington Mutual - Bank Locations- Redmond- 9th Street
Wells Fargo Bank

Business Loan Providers for Redmond Businesses

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

Small Business Bank	Recent SBA Loans
Bank Of America Charlotte, NC	4
Bank Of The Cascades Bend, OR	30
Business Loan Center, LLC New York, NY	1
Capital One Mclean, VA	2
Capital One Bank (usa) Glen Allen, VA	1
Cit Small Business Lending Corp Livingston, NJ	4
Columbia River Bank Bend, OR	1
Community First Bank Prineville, OR	1
Community W. Bank Goleta, CA	3
People's Bank Of Commerce Medford, OR	7
Superior Financial Group, LLC Walnut Creek, CA	1
U.S. Bank National Association Cincinnati, OH	16
Umpqua Bank Roseburg, OR	1
Washington Mutual Bank Henderson, NV	6
Washington Mutual Bank Irving, TX	1
Wells Fargo Bank San Jose, CA	4
Wells Fargo Bank Sioux Falls, SD	2
West Coast Bank Lake Oswego, OR	2
West Coast Bank Portland, OR	1

Redmond Bank Loan Tips

Prior to meeting with banks to get a bank loan, you will need to determine exactly what size loan you will be asking for.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, define how the money will be used, and show how you plan to pay the money back to the bank.

A well-defined business plan is is critically important. If the loan is to for a going concern, you should also have financial statements covering the last three years. In addition, you should itemize what collateral you have available to guarantee the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 these banks participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to get up to speed 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 deeply committed to assisting entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we would suggest you read Business Credit Evaluation.

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