If you are planning on applying for a small business loan and your business is based in Salem, Ohio, we've put together a list of local small business banks that you should contact.
Local Salem Business Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Salem.
Small Business Bank |
Recent SBA Loans |
Bank One - Banking Centers- Salem Office |
|
Charter One Bank - Branch Locations- Salem |
|
Citifinancial |
|
Consumers National Bank |
|
Farmers National Bank |
|
SBA Lenders for Salem Businesses
Banks outside of Salem will often lend to entrepreneurs in Salem, OH. 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 Ohio or from out of state.
Small Business Bank |
Recent SBA Loans |
Home Savings & Loan Co - Youn
Youngstown, OH |
3 |
Ameribank
Dillonvale, OH |
2 |
Business Lenders, LLC
Hartford, CT |
1 |
Business Loan Center, LLC
Panama City Beach, FL |
1 |
Capital One
Mclean, VA |
5 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
Consumers National Bank
Minerva, OH |
2 |
Farmers National Bank - Canfield
Canfield, OH |
1 |
Firstmerit Bank
Akron, OH |
1 |
Jpmorgan Chase Bank
Houston, TX |
9 |
Keybank National Association
Cleveland, OH |
2 |
National City Bank
Cleveland, OH |
3 |
Rbs Citizens
Canton, OH |
1 |
Rbs Citizens
Providence, RI |
12 |
Seven Seventeen Cu Inc
Warren, OH |
1 |
The Huntington National Bank
Salineville, OH |
3 |
The Huntington National Bank
Toledo, OH |
2 |
The Huntington National Bank
Warren, OH |
1 |
Wells Fargo Bank
San Jose, CA |
1 |
Business Loan Advice for Salem Businesses
It's only a matter of time.
"Where can I get a business loan?" you'll think to yourself.
Maybe you need a $40,000 small business loan to pay your income taxes. Perhaps you need a $150,000 business loan to acquire a competitor.
It's time to sit down with a small business banker in Salem.
Sure, there are other options: borrowing money from investors, equity financing,
and merchant cash advance companies, to name a few.
But, at the end of the day, procuring a small business loan from a local bank is often the better tactic for a small business to raise money quickly to fund growth plans.
Gaebler.com Advice on Raising Money
Our Gaebler.com site is devoted to supporting entrepreneurs, and we have a
lot of resources related to to Raising
Money. For example, we would suggest you read Business Credit Evaluation.
Business Loan Sources for Other Cities in Ohio
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