Small Business Lenders in South El Monte, California

Raising money in South El Monte, California? If so, you'll want to talk to some of these small business lenders in South El Monte.

If you are hoping to get a small business loan and your business is based in South El Monte, California, we've assembled a list of local small business banks that you should contact.

Local South El Monte Business Lenders

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

Small Business Bank	Recent SBA Loans
Bank of the West - Branch Locations- South El Monte

Banks that Lend to South El Monte Businesses

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

Small Business Bank	Recent SBA Loans
1st Centennial Bank Redlands, CA	1
Alliance Bank Culver City, CA	1
American Continental Bank City Of Industry, CA	1
Bank Of America Charlotte, NC	41
California Bank & Trust Sacramento, CA	13
Capital One Mclean, VA	1
Cathay Bank Alhambra, CA	5
Cathay Bank Los Angeles, CA	1
Center Bank Los Angeles, CA	3
Citibank Las Vegas, NV	4
Citibank San Francisco, CA	5
Citizens Business Bank Burbank, CA	1
Citizens Business Bank Ontario, CA	1
Comerica Bank Dallas, TX	5
Commonwealth Business Bank Los Angeles, CA	1
Community Bank Pasadena, CA	4
East West Bank El Monte, CA	1
East West Bank Pasadena, CA	2
East West Bank San Marino, CA	1
Far East National Bank Los Angeles, CA	2
First Bank Creve Coeur, MO	3
First Bank Huntington Beach, CA	2
Ge Cap. Small Business Finan Corp St. Louis, MO	1
Hanmi Bank Los Angeles, CA	6
Hsbc Bank Usa Syracuse, NY	1
Innovative Bank Oakland, CA	5
Merchants Bank - California Natl Carson, CA	2
Mirae Bank Los Angeles, CA	3
Nara Bank Los Angeles, CA	1
National Bank Of Arizona Tucson, AZ	2
National Bank Of California Los Angeles, CA	1
Omni Bank Monterey Park, CA	1
Pacific City Bank Los Angeles, CA	1
Pacific Western Bank Huntington Beach, CA	1
Pacific Western Bank Rosemead, CA	2
South Cnty Bank Rancho Santa Margarit, CA	1
Temecula Valley Bank Temecula, CA	5
U.S. Bank National Association Cincinnati, OH	1
United Commercial Bank Rosemead, CA	3
United Commercial Bank San Francisco, CA	23
United Commercial Bank Temple City, CA	1
Uniti Bank Buena Park, CA	3
Ups Capital Business Credit Windsor, CT	2
Washington Mutual Bank Henderson, NV	2
Wells Fargo Bank Auburn, CA	1
Wells Fargo Bank San Jose, CA	9
Wells Fargo Bank Sioux Falls, SD	2
Wilshire State Bank Los Angeles, CA	1

Business Loan Advice for South El Monte Businesses

Prior to reaching out to banks to get a bank loan, you will need to determine exactly what size loan you will be asking for.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show your ability to pay the loan back to the bank.

A well-defined business plan is essential. If the capital is to for a company that is already doing business, you should also have financial statements covering the last three years. In addition, you should itemize 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 secure the business with your personal assets, such as stocks and bonds that you might own or life insurance policies. 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 are SBA lenders. Prior to visiting local banks, 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

If you are serious about Raising Money, you need to learn as much as you can. If you haven't read it already, we recommend you review Realistic Debt Financing Options.

Business Loan Sources for Other Cities in California
Get a Business Loan in Sonoma
Get a Business Loan in South Gate

Browse All Business Loan Sources for California