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Resource Roundup: Find the Best Lending Option for Your Business

Resource Roundup: Find the Best Lending Option for Your Business

Whether your business needs an influx of capital or a little extra liquidity, the search for a loan or line of credit takes time and preparation. As a trusted lender to thousands of businesses, we have the resources to assist yours. That includes experienced local bankers who can guide you to the best lending option,­ and articles that help you narrow down your choices.

Here are five of our most popular articles on finding the right lending option for your business.

5 Ways to Finance Your Small Business: Which is the Right Solution for You?

“If family or friends are contributing, make sure you keep the relationship professional. Develop a contract that spells out the terms of the loan and how and when they will receive a return on their investment, taking care to be upfront about the risks.”

6 Ways to Help Minority- and Women-Owned Businesses Get the Capital They Need

“Updating your business plan on an ongoing basis presents you as a worthy lending risk. That’s because your business banker wants to know you have thought through every detail of your business, including where your opportunities are and how you intend to scale and spend the additional money.”

Need to Know: SBA Loans 

“SBA-backed loans make it easier for business owners to receive needed funding in the form of a loan while reducing lender risk. A lending institution (like a bank) processes the loans, which have become an invaluable way for businesses to fund a real estate expansion, or refinance high-priced debt, for example.”

Everything You Need to Know About Small Business Lines of Credit

“Lines of credit can open doors for your new business by helping you approach financing in a strategic and thoughtful way. Lines of credit give small business owners access to capital that allows them to take advantage of opportunities or meet other short-term needs that can make a difference when building a thriving business.”

Business Loan or Equity Financing: Which Will Work Best for Your Business?

“It’s important to honestly assess whether giving up some control of your business is acceptable in order to access financing. If retaining all management control is a priority for you, a business loan will likely be the best choice.”

Simplify your search and let our experienced lending team guide you to the best funding solution.

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