The Great Western Bank is recognized as a top lender in Iowa for the Fiscal Year 2012. The SBA agency has found this bank as the top lender for the Iowa region in U.S. The reason is ‘Great Western Bank’ has given approval to 27 SBA guaranteed loans amounting to $16.3 million to businesses of Iowa.
This bank has deposits in excess of $1.5 billion and its branch locations are spread across 46 locations in the entire of U.S. So, it has grown to become the fifth largest financial institution in the State of Iowa.
The bank guaranteed SBA loan grants numbering up-to 592 loans and the figures amounted to $252.1 million. This is for the year 2012 that ended on Sept. 30th. Great Western Bank has 200 banking locations spread in the state of Iowa, Arizona, Nebraska, Colorado, Missouri, Kansas, and South Dakota. This bank is very supportive to the small business sector and so small business owners of Iowa has seen tremendous growth in recent times.
Other lenders too played an active role in Iowa and so lending to small businesses could be successfully incremented. There is ‘Biz2credit’ that stands as an outstanding online loan platform where businesses can find all kinds of SBA loan grants and other form of advances. This platform supports entrepreneurs in their business endeavors and instant loan support is rampant here.
This article was submitted by Raj Tulshan, Director of Business Development of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to email@example.com