Small Business Loans West Fargo ND

Local resource for applying for a small business loan in West Fargo. Includes detailed information on local businesses that provide access to loan officers who guide you through obtaining small business loans such as guaranteed government loans, direct bank loans, private entity loans, SBA-backed loans as well as equity financing and bonding programs and will help you create a business plan.

Wells Fargo Bank Na
(701) 433-3660
1401 13th Ave E Ste C
West Fargo, ND
 
Town & Country Credit Union
(701) 356-1760
925 14th Ave E
West Fargo, ND
 
Money Lenders
(701) 356-0810
1410 9th St E Ste 509
West Fargo, ND
 
Mister Money Usa
(701) 282-6782
901 1/2 Main Ave E
West Fargo, ND
 
Alerus Financial
(701) 280-5000
3342 Sheyenne St
West Fargo, ND
 
First International Bank & Trust
(701) 281-2700
1350 13th Ave E
West Fargo, ND
 
State Bank & Trust
(218) 233-3107
1333 8th St S Moorhead
West Fargo, ND
 
Western Financial
(701) 356-9602
755 13th Ave E
West Fargo, ND
 
Choice Financial Group
(701) 277-9258
210 Sheyenne St
West Fargo, ND
 
American Federal Bank
(701) 461-5900
215 5th St N Lbby
Fargo, ND
 

Small Business Loan

A small business loan can come in many forms. You can get an SBA-backed loan, a direct bank loan, a private entity loan or a guaranteed government loan to fun your needs. One thing is certain - the loan office you deal with will want to see your small business plan. Don’t even think about applying for a small business loan without one.

Your business plan is the physical representation of your existing business or start up idea on paper. It can also be the difference between acceptance and denial from the loan officer on your loan application. A solid small business plan can help you get a loan regardless of the source, and there are many benefits to getting other than a private entity loan, particularly when you take advantage of financial services and business tips available from the Small Business Administration.

While you could go with a direct bank loan, a guaranteed government loan or a loan from family, friends or a private investor on your own don’t rule out an SBA-backed loan. The Small Business Administration loan program helps finances small businesses although they do not directly offer monetary lending. Instead, when you apply for an SBA-backed loan you are asking the Small Business Administration to guarantee you will pay back your loan. Having them behind you gives your business validation and the SBA has a wealth of tools to help you get to the point where they will back your application with your local bank or credit union.

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