We wrote this article for for small business proprietors in Flatwoods, Kentucky who are interested in getting debt financing.
Borrowing money is one of the most common sources of funding for a small business, but securing debt financing is not a slam dunk.
Improve your odds by talking 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 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 rate on a small business 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.
To help you learn more about local small business lenders, here's our list of small business banks in Flatwoods.
| Small Business Bank |
Recent SBA Loans |
| Fifth Third Bank |
|
| National City - Flatwoods |
|
| National City Bank |
|
| Peoples Bank |
|
More Advice on Raising Money
Make the effort and learn as much as you can about Raising
Money. To get started, we suggest you read
Realistic Debt Financing Options.
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