These materials were prepared for for small business proprietors in Madison, South Dakota who are interested in getting a bank loan.
Borrowing money is one of the most common sources of funding for a small business, but finding financing requires a fair amount of work.
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 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 Madison.
| Small Business Bank |
Recent SBA Loans |
| First American Bank & Trust - Madison Office |
|
| FIRST BK & TRUST NATL ASSOC |
3 |
| GREAT WESTERN BANK |
2 |
| SECURITY BANK |
1 |
| Wells Fargo Bank South Dakota NA |
|
More Advice on Raising Money
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Money, you need to learn as much as you can. If you haven't read it
already, we recommend you review
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