We wrote this article for small business proprietors in Trafford, Alabama who are interested in getting a small business loan.
Lenders for Trafford Businesses
Be sure to speak with bankers outside of Trafford, Alabama. These banks, in the table below, have lent to other Trafford 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 |
Wachovia Bank
Birmingham, AL |
1 |
Tips for Getting a Business Loan in Trafford
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.
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 talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best rate on a small business 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
Our Gaebler.com site is dedicated to supporting entrepreneurs, and we have a
lot of useful articles about to Raising
Money. For example, we recommend you read Getting a Small Business Loan.
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