Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Business Loan Steamboat Springs, Colorado

 
Loan Census SBA Loan Info

Small business loans in Steamboat Springs, Colorado are available. You just need to talk to the right bank.

These materials were prepared for entrepreneurs in Steamboat Springs, Colorado who are interested in getting a small business loan.

Local Steamboat Springs Business Loan Sources

Without further adieu, here's our list of small business banks in Steamboat Springs.

Small Business Bank Recent SBA Loans
Alpine Bank 3
Bank of the West  
First National Bank - Steamboat Spri 11
First National Bank of the Rockies  
Mountain Valley Bank  
Vectra Bank Colorado  
Wells Fargo Bank NA - Phone Bank  

Banks that Lend to Steamboat Springs Businesses

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

Small Business Bank Recent SBA Loans
Alpine Bank
Glenwood Springs, CO
1
Banco Popular North America
New York City, NY
2
Bank Of The West
Salt Lake City, UT
2
Business Loan Center, LLC
New York, NY
1
Business Loan Center, LLC
Richmond, VA
1
California Bank & Trust
Sacramento, CA
2
California Bank & Trust
San Diego, CA
1
Capital One
Mclean, VA
1
Comerica Bank
Dallas, TX
2
First National Bank - Rockies
Hayden, CO
1
First State Bank Of Hotchkiss
Hotchkiss, CO
1
Firstbank Of Avon
Avon, CO
1
Jpmorgan Chase Bank
Houston, TX
1
U.S. Bank National Association
Cincinnati, OH
1
U.S. Bank National Association
San Diego, CA
3
Wachovia SBA Lending, Inc.
Roseville, CA
2
Washington Mutual Bank
Henderson, NV
1
Wells Fargo Bank
San Jose, CA
4
Wells Fargo Bank
Sioux Falls, SD
1

Tips for Getting a Business Loan in Steamboat Springs

As a prerequisite to reaching out to 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 introduce your business to the banker, explain how much you want to borrow, define how the money will be used, and show your ability to pay the money back to the bank.

A well-defined business plan is essential. If the financing is to for a company that is already doing business, 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 you cannot repay the loan.

If the business has few assets, the bank may ask you to to pledge 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 participate in the financial assistance programs available through the SBA. Before meeting with the 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

Our Gaebler.com site is dedicated to helping small business owners, and we have a lot of information pertaining to to Raising Money. For example, we would suggest you read Realistic Debt Financing Options.

Business Loan Sources for Other Cities in Colorado
Get a Business Loan in Salida
Get a Business Loan in Sterling

Browse All Business Loan Sources for Colorado