Business Loan Trenton, Florida

Local Trenton Lenders

To assist you in finding a small business banker, here's our list of small business banks in Trenton.

Other Lending Resources for Trenton Businesses

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

Tips for Getting a Business Loan in Trenton

Before contacting banks for a loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the money back to the bank.

Being able to present a well-written business plan is is critically important. If the financing is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know 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 to guarantee the loan with your personal assets, such as the equity in your home. 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 these banks participate in the financial assistance programs available through the SBA. Prior to visiting local banks, you may want to do your homework 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 dedicated to aiding entrepreneurs, and we have a lot of information pertaining to to Raising Money. To learn more, one article that might be of interest to you is Getting a Small Business Loan.