Small Business Lenders in Sebastopol, California

Local Sebastopol Lenders

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

Business Loan Providers for Sebastopol Businesses

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

Business Loan Advice for Sebastopol Businesses

Prior to contacting lenders to get a bank loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the loan back to the lender.

Being able to present a well-written business plan is an important prerequisite. If the financing is to for a going concern, 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 to guarantee the loan with your personal assets, such as the equity in your home. 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 you sit down to talk with a small business banker, you may want to read up on 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

Gaebler.com is a site that is dedicated to supporting entrepreneurs, and we have a lot of useful articles about to Raising Money. To learn more, one article that might be of interest to you is Realistic Debt Financing Options.