We wrote this article for for entrepreneurs in Bay Village, Ohio who are interested in getting a small business loan.
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan requires a fair amount of work.
Improve your odds by talking to as many banks as possible.
When getting 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 very competitive loan terms.
Remember, before contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
Be sure to speak with bankers outside of Bay Village, Ohio. These banks, in the table below, have lent to other Bay Village 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 |
Capital One
Mclean, VA |
1 |
Cfbank
Fairlawn, OH |
1 |
Fifth Third Bank
Cleveland, OH |
1 |
Firstmerit Bank
Akron, OH |
3 |
Jpmorgan Chase Bank
Chicago, IL |
1 |
Jpmorgan Chase Bank
Houston, TX |
1 |
Keybank National Association
Cleveland, OH |
1 |
National City Bank
Cleveland, OH |
3 |
National City Bank
Indianapolis, IN |
2 |
Rbs Citizens
Providence, RI |
5 |
The Huntington National Bank
Columbus, OH |
1 |
U.s. Bank National Association
Cincinnati, OH |
2 |
More Advice on Raising Money
Take the time to learn as much as you can about Raising
Money. To get the ball rolling, we recommend you read
Business Credit Evaluation.
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