This article is written specifically for entrepreneurs in West Monroe, Louisiana who are interested in getting debt financing.
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.
It's always a good idea to talk 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 a great deal on your bank 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 West Monroe.
| Small Business Bank |
Recent SBA Loans |
| American Horizons Bank - Branches-Monroe-West Monroe Ruston-Bastrop |
|
| Bancorpsouth - Commercial Lending |
|
| COMMUNITY TRUST BANK |
6 |
| CROSS KEYS BANK |
1 |
| Daniels- George B |
|
| Hibernia |
|
| Iberiabank |
|
| Kennedy- Rose M |
|
| Louisiana Bank of Ouachita Parish |
|
| Magnolia Bag CO |
|
| OUACHITA INDEPENDENT BANK |
4 |
| PROGRESSIVE BANK |
2 |
| Progressive State Bank |
|
| Regions Bank - Branch Locations- West Monroe |
|
| Richland State Bank |
|
| Robert Cook Ins Agcy Inc |
|
More Advice on Raising Money
If you are new to our site, you should know that we are all about providing advice to small business owners, and we have a
lot of information pertaining to to Raising
Money. If raising money is on your to-do list, we recommend you read How Equity Dilution Works.
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