We wrote this article for for small business proprietors in Akron, New York who are interested in getting a bank loan.
It's inevitable.
"I need cash for my business!" you'll say.
Maybe you need a $20,000 small business loan to cover payroll. Perhaps you need a $500,000 business loan to buy an office building.
It's time to sit down with a small business banker in Akron.
Sure, there are other options: loans from people you know, equity financing,
and merchant credit card loans, to name a few.
But, when all is said and done, procuring a small business loan from a bank is often the better tactic for a small business to obtain financing to implement defined business plans.
To assist you in finding a small business banker, here's our list of small business banks in Akron.
Banks outside of Akron will often lend to entrepreneurs in Akron, NY. Here's a list of out-of-area banks that have recently made loans to Akron entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-state banking location.
More Advice on Raising Money
Make it a priority to learn as much as you can about Raising
Money. To get the ball rolling, we recommend you read
Find Start-Up Capital.
Business Loan Sources for Other Cities in New York
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Business Loan Sources for New York