Business Loans in Hugheston, West Virginia

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No business loan companies in Hugheston, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
Premier Bank Inc. 25 Oakmont Ln, Bridgeport, WV 26330 +1 (304) 842 - 1887
TIAA Financial Services 900 Lee St E Suite 1000, Charleston, WV 25301 +1 (855) 842 - 2088
City National Bank 324 Elk St, Gassaway, WV 26624 +1 (304) 364 - 5181
WEPCO Federal Credit Union Lending Branch 202 W Main St, Kingwood, WV 26537 +1 (301) 359 - 3081
Premier Bank Inc. 601 Washington St, Ravenswood, WV 26164 +1 (304) 273 - 1100
Woodforest National Bank 100 Nitro Market Pl, Nitro, WV 25143 +1 (304) 769 - 0102
First State Bank 6441 Farmdale Rd, Barboursville, WV 25504 +1 (304) 736 - 5271
PrimeLending, A PlainsCapital Company 1128 Washington St E Suite A, Lewisburg, WV 24901 +1 (304) 250 - 7641
Davis Trust Company 227 Davis Ave, Elkins, WV 26241 +1 (304) 636 - 0991
Clear Mountain Bank 41 S Buffalo St, Rowlesburg, WV 26425 +1 (304) 454 - 2431

Business Loan Companies in Nearby Cities

If there are no business loan companies in Hugheston, WV, you can try to find different companies in big cities nearby. Check out the following pages here: Business Loans in Charleston, WV, Business Loans in Huntington, WV, Business Loans in Morgantown, WV and Business Loans in Parkersburg, WV. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Hugheston, WV.

Business Loans in Hugheston, West Virginia: What You Need to Know

Are you a business owner in Hugheston, West Virginia looking to grow or expand your business? You may be in need of a business loan. Business loans are legal and popular in West Virginia, and there are many options available to you.

Types of Business Loans

There are various types of business loans available, each with their own terms, requirements, and benefits. Some common types of business loans include:

  • Term Loans
  • Equipment Loans
  • Lines of Credit
  • SBA Loans

Term loans are loans that are repaid over a set period of time, typically with interest. Equipment loans are used to purchase necessary equipment for your business. Lines of credit are revolving loans that allow you to borrow a set amount of money as needed. SBA loans are government-backed loans that provide longer repayment terms and lower interest rates.

Requirements for Business Loans in Hugheston

The requirements for business loans vary depending on the type of loan and the lender. However, in general, lenders will consider your personal credit score, your business revenue, and your assets when determining if you qualify for a loan. They may also require a business plan and financial statements. Some lenders may require collateral for the loan.

Interest Rates and Terms

The interest rates and terms of business loans in Hugheston, West Virginia vary depending on the lender, the type of loan, and your creditworthiness. Generally, interest rates for business loans range from 5% to 25%. Repayment terms can range from several months to several years.

Interesting Facts and Statistics

  • According to the West Virginia Small Business Development Center, there are more than 100,000 small businesses in West Virginia.
  • As of July 2021, the Small Business Administration had approved more than 1,500 loans worth over $210 million in West Virginia.
  • The West Virginia Small Business Development Center offers free business counseling and training to entrepreneurs and small business owners throughout the state.

Apply Now

If you’re looking for a business loan in Hugheston, West Virginia, TheGuaranteedLoans can help connect you with potential lenders. Fill out our online application to get started today! Please note that TheGuaranteedLoans is a connector service, not a direct lender.

With the right business loan, you can take your business to the next level. Take some time to research your options, consult with a financial advisor, and make a plan for growing your business with the help of a loan.

Useful Articles

Hugheston, WV business loan calculator

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F.A.Q. About Business Loans

What is the average interest rate for business loans in Hugheston, West Virginia?

The average interest rate for business loans in Hugheston, West Virginia can vary depending on the type of loan and lender. In general, however, interest rates for business loans in Hugheston, West Virginia range from around 6% to 30%.

Can I get a business loan with bad credit in Hugheston, West Virginia?

It may be possible to get a business loan with bad credit in Hugheston, West Virginia, but your options may be limited and the terms of the loan may not be as favorable. It may be helpful to work with a lender that specializes in working with businesses with bad credit.

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