Business Loan Salem, Indiana

Local Salem Lending Resources

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

Banks that Lend to Salem Businesses

Banks outside of Salem will often lend to entrepreneurs in Salem, IN. Here's a list of out-of-area banks that have recently made loans to Salem 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.

Tips for Getting a Business Loan in Salem

It's inevitable.

"Where can I borrow some money for my business?" you'll say.

Maybe you need a $35,000 small business loan to launch a big advertising campaign. Perhaps you need a $200,000 business loan to acquire a competitor.

It's time to sit down with a small business banker in Salem.

Sure, there are other options: person to person loans, angel investors, and receivables factoring, to name a few.

But, at the end of the day, getting a small business loan from a bank is often the the best method for a small business to get cash in a hurry to achieve business goals.

Gaebler.com Advice on Raising Money

If you are planning on Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review 504 Loans.