Starting a Business
Starting a business is a huge undertaking.
There are thousands of things to consider before taking the leap, many of which come into play long before you're ready to apply for a loan. We've gathered a list of five essentials to keep you on the track to success.
Establish credit. When being considered for a new business loan, it's important that you have strong credit scores - both business and personal. If you have bad or no credit, start working to establish credit as soon as possible.
Understand your needs. When you meet with a lender, you'll want to have a very clear idea of how much capital you'll need and what kind of loan you feel comfortable taking. Research interest rates and terms for several different types of loans before settling on the loan for you.
Small businesses and small banks go well together. You've come to the right place for a new business loan. Large banks can be reluctant to give smaller business loans, but we know every great business has to start somewhere. We'll be by your side every step of the way.