This article is written specifically for small business proprietors in Safety Harbor, Florida who are interested in getting a small business loan.
Other Lending Resources for Safety Harbor Businesses
This is a list of banks outside of Safety Harbor, Florida that have provided SBA loans to Safety Harbor businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
Banco Popular North America
New York City, NY |
2 |
Bank Of America
Charlotte, NC |
20 |
Business Loan Center, LLC
New York, NY |
1 |
California Bank & Trust
Sacramento, CA |
1 |
Capital One
Mclean, VA |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
2 |
Innovative Bank
Oakland, CA |
1 |
Suntrust Bank
Richmond, VA |
1 |
Synovus Bank Of Tampa Bay
Saint Petersburg, FL |
3 |
Wachovia Bank
Birmingham, AL |
1 |
Wachovia SBA Lending, Inc.
Roseville, CA |
1 |
Washington Mutual Bank
Henderson, NV |
2 |
Tips for Getting a Business Loan in Safety Harbor
As a prerequisite to reaching out to banks for a loan, you will need to develop the specifics of your loan request.
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.
Having a business plan is essential. If the bank loan 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 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 your individual retirement account or pension plan. The banks will check on your personal credit history 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. Before meeting with the banker, 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 devoted to assisting small business owners, and we have a
lot of resources related to to Raising
Money. If you want to learn about raising money, one article that might be of interest to you is Business Credit Evaluation.
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