Business Loan South Lyon, Michigan

Local South Lyon Business Loan Sources

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

Banks that Lend to South Lyon Businesses

Banks outside of South Lyon will often lend to entrepreneurs in South Lyon, MI. Here's a list of out-of-area banks that have recently made loans to South Lyon 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 Michigan or from out of state.

Tips for Getting a Business Loan in South Lyon

It's inevitable.

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

Maybe you need a $30,000 small business loan to upgrade your business. Perhaps you need a $200,000 business loan to buy some new equipment.

It's time to sit down with a small business lender in South Lyon.

Sure, there are other sources of small business funding: person to person loans, private business investors, and merchant credit card advances, to name a few.

But, at the end of the day, obtaining a small business loan from a small-business friendly bank is often the better tactic for a small business to raise money quickly to fund growth plans.

Gaebler.com Advice on Raising Money

Take the time to learn as much as you can about Raising Money. For starters, we recommend you read Borrowing Money from Friends and Family.