These materials were prepared for for entrepreneurs in Damascus, Virginia 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 can be difficult.
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 better loan terms 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 the best small business financing available.
Remember, before visiting with local small business banks, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
To assist you in finding a small business banker, here's our list of small business banks in Damascus.
| Small Business Bank |
Recent SBA Loans |
| Bank of Damascus |
|
| BB & T - ATM Location- Virginia Area Branches- Branches- Damascus |
|
| BB & T - West End Drive-Thru- Tennessee Branches- Virginia Area Branches- Damascus-West |
|
| First Vantage Bank Tri-Cities Damascus OFC |
|
Be sure to speak with bankers outside of Damascus, Virginia. These banks, in the table below, have lent to other Damascus small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
More Advice on Raising Money
Our site is dedicated to assisting small business owners, and we have a
lot of information pertaining to to Raising
Money. If raising money is on your to-do list, we would suggest you read SBIR Funding.
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