This article is written specifically for entrepreneurs in Suffolk, Virginia who are interested in getting debt financing.
Local Suffolk Business Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Suffolk.
Small Business Bank |
Recent SBA Loans |
Bank Of America |
|
Bank of Hampton Roads - Suffolk Location- Market Street Office |
|
BB & T - Norfolk Branches- Downtown Suffolk |
|
BB & T - Norfolk Branches- Oak Ridge- Suffolk |
|
BB & T - Norfolk Branches- Suffolk Main |
|
BB&T Atlantic |
|
Central Fidelity Bank |
|
Central Fidelity National Bank |
|
Farmers Bank |
|
First Federal Savings Bank of Virginia |
|
First Virginia Bank Hampton Roads |
|
First Virginia Bank-Hampton Roads - Downtown Suffolk Office |
|
First Virginia Bank-Hampton Roads - Oak Ridge Office |
|
First Virginia Bank-Hampton Roads - Whaleyville Office |
|
James River Bank-Colonial - Branch Locations- Downtown OFC |
|
James River Bank-Colonial - Branch Locations- Plaza |
|
James River Bank-Colonial - Branch Locations- Whaleyville OFC |
|
Suffolkfirst Bank |
2 |
Suntrust Bank |
3 |
Business Loan Providers for Suffolk Businesses
Be sure to speak with bankers outside of Suffolk, Virginia. These banks, in the table below, have lent to other Suffolk small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Small Business Bank |
Recent SBA Loans |
Bank Of America
Charlotte, NC |
18 |
Branch Bank & Trust
Virginia Beach, VA |
1 |
Branch Bank & Trust
Winston Salem, NC |
4 |
Capital One
Mclean, VA |
2 |
Commerce Bank
Flemington, NJ |
1 |
Commerce Bank
Philadelphia, PA |
1 |
Heritage Bank
Norfolk, VA |
1 |
Innovative Bank
Oakland, CA |
9 |
Resource Bank
Virginia Beach, VA |
8 |
Suntrust Bank
Richmond, VA |
1 |
Superior Financial Group, LLC
Walnut Creek, CA |
1 |
Wachovia Bank
Charlotte, NC |
2 |
Wells Fargo Bank
San Jose, CA |
1 |
Tips for Getting a Business Loan in Suffolk
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan is a time-consuming task.
Improve your odds by talking to as many banks as possible.
When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer a better deal than others.
By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get a great deal on your bank loan.
Remember, before contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
Gaebler.com Advice on Raising Money
Take the time to learn as much as you can about Raising
Money. For starters, we suggest you read
504 Loans.
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