If you are hoping to get a small business loan and your business is based in Yakima, Washington, we've assembled a list of local small business banks that you should contact.
Local Yakima Banks
To help you learn more about local small business lenders, here's our list of small business banks in Yakima.
Small Business Bank |
Recent SBA Loans |
Americanwest Bank |
7 |
Bank Of America |
|
Bank of the West |
|
Banner Bank - Nob Hill Office- Yakima |
|
Banner Bank - Yakima |
|
Central Valley Bank |
5 |
Citifinancial |
|
Columbia Trust Bank |
|
Entertainment Plus |
|
Fickel- Steven R |
|
Home Security Bank |
|
Keybank - Keycenters- West Yakima |
|
Keybank - Keycenters- Yakima |
|
U S Bank - Branch Offices- Yakima- Chalet Mall Office |
|
U S Bank - Branch Offices- Yakima- Fruitvale Office |
|
U S Bank - Branch Offices- Yakima- Nob Hill-Safeway Office |
|
U S Bank - Branch Offices- Yakima- Southgate WA Office |
|
U S Bank - Branch Offices- Yakima- Summitview Office |
|
U S Bank - Branch Offices- Yakima- Yakima Main Office |
|
Washington Mutual - Bank Locations- Yakima |
|
Washington Mutual Business Banking |
|
Washington Mutual-Financial Center |
|
Wells Fargo Bank |
8 |
Yakima National Bank |
1 |
Business Loan Providers for Yakima Businesses
This is a list of banks outside of Yakima, Washington that have provided SBA loans to Yakima businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
Americanwest Bank
Pasco, WA |
1 |
Americanwest Bank
Spokane, WA |
7 |
Bank - America California
Rancho Cordova, CA |
1 |
Bank Of America
Charlotte, NC |
36 |
Bank Of The West
Truckee, CA |
1 |
Banner Bank
Kirkland, WA |
1 |
Banner Bank
Walla Walla, WA |
1 |
Boeing Empl Cu
Tukwila, WA |
1 |
Business Loan Center, LLC
New York, NY |
2 |
California Bank & Trust
San Diego, CA |
1 |
Capital One
Mclean, VA |
6 |
Central Valley Bank
Toppenish, WA |
1 |
Cit Small Business Lending Corp
Golden, CO |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
3 |
Comerica Bank
Dallas, TX |
2 |
Excel National Bank
Beverly Hills, CA |
1 |
Ge Cap. Small Business Finan Corp
St. Louis, MO |
1 |
Hanmi Bank
Los Angeles, CA |
1 |
Keybank National Association
Cleveland, OH |
2 |
Merrill Lynch Bank Usa
Salt Lake City, UT |
1 |
Mountain West Bank
Coeur D'alene, ID |
1 |
Nara Bank
Los Angeles, CA |
1 |
Pacific International Bank
Seattle, WA |
3 |
Saehan Bank
Los Angeles, CA |
3 |
Sterling Savings Bank
Spokane, WA |
1 |
Temecula Valley Bank
Temecula, CA |
6 |
U.S. Bank National Association
Cincinnati, OH |
25 |
United Western Bank
Denver, CO |
2 |
Washington Mutual Bank
Henderson, NV |
4 |
Wells Fargo Bank
San Jose, CA |
14 |
Wells Fargo Bank
Sioux Falls, SD |
4 |
Wilshire State Bank
Los Angeles, CA |
1 |
Business Loan Advice for Yakima Businesses
Prior to meeting with banks to get a bank loan, you will need to have a specific plan.
You need to be able to clearly explain your business, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the loan back to the bank.
Having a business plan is essential. If the loan is to for an existing 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 cash flow from the business does not meet your projections.
If the business has few assets, you will likely be asked 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 the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to read up on 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 passionate about assisting small business owners, and we have a
lot of useful articles about to Raising
Money. If you want to learn about raising money, one article that might be of interest to you is Find Start-Up Capital.
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