Springboro, Ohio Small Business Loans

Looking for a Springboro, Ohio small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

If you are looking for a small business loan and your business is based in Springboro, Ohio, we've assembled a list of local small business banks that you should contact.

Local Springboro Business Loan Sources

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

Small Business Bank	Recent SBA Loans
Bank One - Banking Centers- Springboro
First Finan Bank	3
First Financial Bank
The Community National Bank	1

Other Lending Resources for Springboro Businesses

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

Small Business Bank	Recent SBA Loans
Business Loan Center, LLC Panama City Beach, FL	1
Capital One Mclean, VA	3
Cit Small Business Lending Corp Livingston, NJ	1
Fifth Third Bank Cincinnati, OH	3
Fifth Third Bank Dayton, OH	3
First Finan Bank Hamilton, OH	1
Franklin S & L Co Cincinnati, OH	1
Irwin Franchise Cap. Corp Montvale, NJ	1
Jpmorgan Chase Bank Houston, TX	11
Keybank National Association Cleveland, OH	1
National City Bank Cleveland, OH	13
National City Bank Indianapolis, IN	1
Oak Hill Banks Centerville, OH	1
Oak Hill Banks Mason, OH	1
Pnc Bank, National Association Philadelphia, PA	1
Small Business Loan Source LLC Houston, TX	1
The Huntington National Bank Columbus, OH	3
The Huntington National Bank Zanesville, OH	1
U.S. Bank National Association Cincinnati, OH	13
Ups Capital Business Credit Windsor, CT	1
Wright Patt Cu Inc Fairborn, OH	1

Springboro Bank Loan Tips

Before meeting with banks to discuss getting 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, describe what the money will finance, and show how you intend to to pay the loan back to the bank.

Having a business plan is essential. If the money 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 guarantee the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which you cannot repay the loan.

If the business has few assets, you will likely be asked to to guarantee the loan 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. Before you sit down to talk with a small business banker, you may want to get up to speed 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 new to our Gaebler.com site, you should know that we are deeply committed to aiding small business owners, and we have a lot of information pertaining to to Raising Money. For example, we would suggest you read 504 Loans.

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