If you are looking for a small business loan and your business is based in Salem, Virginia, we've assembled a list of local small business banks that you should contact.
Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.
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 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 very competitive loan terms.
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 Salem.
| Small Business Bank |
Recent SBA Loans |
| 1st National Bank |
|
| BB & T |
|
| First Citizens Bank - Offices- Salem & ATM Location |
|
| First National Exchange Bank |
|
| FNB Corporation |
|
| FNB SALEM BK & TRUST NATL ASSO |
3 |
| Joshua Swift- Atlantic Bay Mortgage Group LLC |
|
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