We wrote this article for small business proprietors in Rochester, Indiana who are interested in getting a bank loan.
Local Rochester Lending Resources
Without further adieu, here's our list of small business banks in Rochester.
Small Business Bank |
Recent SBA Loans |
1st Source Bank - Rochester |
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Beacon Credit Union |
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Community First Bank & Trust |
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Farmers State Bank |
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First Federal Savings Bank |
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Indiana Lawrence Bank |
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Lake City Bank |
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Other Lending Resources for Rochester Businesses
Banks outside of Rochester will often lend to entrepreneurs in Rochester, IN. Here's a list of out-of-area banks that have recently made loans to Rochester 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 Indiana or from out of state.
Rochester Business Loan Advice
Every business owner eventually goes through this.
"I need cash for my business!" you'll think to yourself.
Maybe you need a $25,000 small business loan to get through a slow period. Perhaps you need a $100,000 business loan to acquire a competitor.
It's time to talk to a small business lender in Rochester.
Sure, there are other ways to raise money: borrowing money from investors, private business investors,
and merchant credit card loans, to name a few.
But, in the final analysis, finding small business financing from a local bank is often the easiest way for a small business to obtain financing to fund growth plans.
Gaebler.com Advice on Raising Money
If you are planning on Raising
Money, you need to educate yourself. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
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