We wrote this article for for small business owners in Oakland, California 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 securing debt 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 contacting lenders, 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 Oakland.
| Small Business Bank |
Recent SBA Loans |
| Asiana Bank |
|
| Bank of Alameda - Oakland |
|
| Bank Of America |
|
| Bank of the Orient - East Bay- Oakland- Bank of the Orient |
|
| Bank of the West |
|
| Bay Area World Trade Center |
|
| Bay Comercial Bank |
|
| Bullock- Kenneth W |
|
| California Bank & Trust - Branch Offices- North Oakland |
|
| California Bank & Trust - Branch Offices- Oakland |
|
| California Savings Bank - Oakland Montclair Office |
|
| Cathay Bank-Oakland |
|
| Cit Small Bus. Lending Corp |
3 |
| City National Bank |
16 |
| Community Bank Of The Bay |
9 |
| First Bank & Trust |
4 |
| Innovative Bank |
20,302 |
| Summit Bank |
2 |
More Advice on Raising Money
If you are serious about Raising
Money, you need to get up to speed on the subject. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
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