This article is written specifically for small business owners in Virginia Beach, Virginia who are interested in getting a small business loan.
Local Virginia Beach Lending Resources
To help you learn more about local small business lenders, here's our list of small business banks in Virginia Beach.
Small Business Bank |
Recent SBA Loans |
ACL Funding Group- Inc |
|
Allied Home Mortgage Capital Corporation |
|
ATM America Inc |
|
Atm USA LLC |
|
Bank @Lantec |
|
Bank Of America |
|
Bank Of Commonwealth |
|
Bank of Hampton Roads |
|
Bank Of The Commonwealth |
1 |
BB & T - Chesapeake Branches- Greenbrier |
|
BB & T - Norfolk Branches- Ghent |
|
BB & T Bank - College Drive Office |
|
Boat Loan Superstore |
|
Branch Bank & Trust |
8 |
Carova Holding Company |
|
Cenit Bank |
|
Central Fidelity Bank |
|
Coastal Vending & Amusement |
|
Commercial Cash Flow LLC |
|
Community Bank |
|
Diebold Incorporated |
|
First Virginia Bank |
|
Franklin Mortgage Funding |
|
Franklin Security Bank FSB |
|
Gateway Bank & Trust |
|
General Booth |
|
Heritage Bank and Trust - Norfolk Offices |
|
Hometown Mortgage Corp. Suite 100 |
|
Resource Bank |
271 |
Townebank |
1 |
Wachovia Bank |
2 |
Banks that Lend to Virginia Beach Businesses
Be sure to speak with bankers outside of Virginia Beach, Virginia. These banks, in the table below, have lent to other Virginia Beach 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 |
Amer Express Centurion Bk
Salt Lake City, UT |
1 |
Amresco SBA Holdings, Inc.
Irving, TX |
1 |
Banco Popular De Puerto Rico
San Juan, PR |
1 |
Banco Popular North America
New York City, NY |
1 |
Bank Of America
Charlotte, NC |
136 |
Bank Of The Commonwealth
Norfolk, VA |
22 |
Bank Of The West
San Francisco, CA |
1 |
Borrego Springs Bank
Borrego Springs, CA |
2 |
Branch Bank & Trust
Richmond, VA |
2 |
Branch Bank & Trust
Winston Salem, NC |
11 |
Business Loan Center, LLC
Panama City Beach, FL |
1 |
Business Loan Center, LLC
Richmond, VA |
2 |
Capital One
Mclean, VA |
31 |
Capital One Bank (usa)
Glen Allen, VA |
2 |
Cit Small Business Lending Corp
Livingston, NJ |
24 |
Comerica Bank
Dallas, TX |
1 |
Comerica Bank-texas
Dallas, TX |
1 |
Community So. Bank D.b.a Commun
Parsons, TN |
1 |
Heritage Bank
Norfolk, VA |
3 |
Innovative Bank
Oakland, CA |
64 |
Lehman Brothers Bank, FSB
Boston, MA |
1 |
Monarch Bank
Chesapeake, VA |
6 |
Newtek Small Business Finance Inc.
New York, NY |
7 |
Pnc Bank, National Association
Philadelphia, PA |
1 |
Pnc Bank, National Association
Pittsburgh, PA |
7 |
Provident Bank Of Maryland
Baltimore, MD |
1 |
Provident Bank Of Maryland
Warrenton, VA |
1 |
Rbc Centura Bank
Raleigh, NC |
1 |
Small Business Loan Source LLC
Houston, TX |
2 |
Sonabank, National Association
Charlottesville, VA |
1 |
Stearns Bank
Saint Cloud, MN |
2 |
Suntrust Bank
Atlanta, GA |
8 |
Suntrust Bank
Norfolk, VA |
1 |
Suntrust Bank
Richmond, VA |
12 |
Superior Financial Group, LLC
Walnut Creek, CA |
3 |
The Buckhead Community Bank
Atlanta, GA |
1 |
Valley National Bank
North Plainfield, NJ |
1 |
Wachovia Bank
Birmingham, AL |
1 |
Wachovia Bank
Charlotte, NC |
3 |
Wachovia Bank
Norfolk, VA |
1 |
Wachovia Bank
Winston Salem, NC |
8 |
Wachovia SBA Lending, Inc.
Roseville, CA |
5 |
Washington Mutual Bank
Henderson, NV |
1 |
Wells Fargo Bank
Minneapolis, MN |
1 |
Wells Fargo Bank
San Jose, CA |
1 |
Tips for Getting a Business Loan in Virginia Beach
Getting a bank loan is one of the most common sources of funding for a small business, but getting small business financing is not a slam dunk.
It's always a good idea to talk 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 meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
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