We wrote this article for for small business owners in Iowa City, Iowa who are interested in getting a bank loan.
Getting a bank loan is one of the most common sources of funding for a small business, but getting small business 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 possible 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 assist you in finding a small business banker, here's our list of small business banks in Iowa City.
| Small Business Bank |
Recent SBA Loans |
| Bank of America |
|
| BANK OF THE WEST |
2 |
| CENTRAL IOWA BANCORPORATION IN |
1 |
| Collison Keri DDS |
|
| Commercial Federal Bank |
|
| Farmers & Merchants Savings Bank |
|
| FARMERS & MERCHANTS SAVINGS BK |
9 |
| HILLS BANK AND TRUST COMPANY |
10 |
| I SB Financial Corporation |
|
| IOWA ST. BK & TR CO |
44 |
| Iowa State Bank & Trust Company |
|
| Iowa State Bank Business Payroll Services |
|
| ISB & T Investor Center |
|
| Kohl- Nanci |
|
| Liberty Bank |
|
| Mcintire- Gary D |
|
| Mercantile Bank - Iowa City Locations- Downtown |
|
| Mercantile Bank - Iowa City Locations- Drive In |
|
| Mercantile Bank - Iowa City Locations- Towncrest |
|
| Stevens- Randall L |
|
| Trimble- Richard W |
|
| U S Bank - Branch Offices- Iowa City- Iowa City Southwest Office |
|
| U S Bank Home Mortgage |
|
| University of Iowa Community Credit Union |
|
| Wells Fargo Home Mortgage |
|
| WEST BANK |
1 |
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
Getting a Small Business Loan.
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