1st Financial Federal Credit Union
1550 Country Club Plaza Dr.
St. Charles, MO 63303
636-916-8300
www.TheBetterWaytoBank.org
Description: First Financial offers a wide-array of business services designed for the small business owner, including competitive business checking accounts, free online banking and bill pay, credit cards, lines of credit and various commercial loan programs.
Advantage Capital Partners
314-725-0800
www.advantagecap.com
Description: Advantage Capital Partners is a leading venture capital and small business finance firm focused on early stage companies and other investments supporting federal, state and local economic development efforts. With offices and partners in St. Louis, New Orleans, Austin and other U.S. cities, Advantage has raised more than $1 billion since 1992 and invested in companies located in geographic areas underserved by traditional venture capital.
Arsenal Credit Union
8651 Watson Road
St. Louis, MO 63119
www.arsenalcu.org
314-919-1060
Description: The economy is weak, but we are strong and have the money to lend your small business. We know the St. Louis market because we’re locally owned-and-operated just like you.
Billiken Angels Network
Entrepreneurship Center
John Cook School of Business
Saint Louis University
3674 Lindell Blvd.
St. Louis, MO 63108
314-977-3850
www.billikenangels.com
Description: The Billiken Angels Network provides investments of capital and expertise to help launch or grow businesses at all stages and in all industries in the St. Louis Region. Investments range from $50,000 to $500,000. To qualify for consideration, entrepreneurs or firms seeking BAN investment must have SLU DNA (owner-managers who are current students, alumni, current or retired faculty/staff, or companies using intellectual property licensed from SLU).
BizCapital
Joe Stock
314-725-0800
www.biz-capital.com
Description: BizCapital is a non-depository financial institution offering competitive loans to small and medium-sized companies. BizCapital is recognized as a leading government-guaranteed lender, helping businesses grow and prosper, while fostering stronger economic growth in local communities. With offices in St. Louis, New Orleans and Jackson, BizCapital invests across many types of businesses and offers loans from $500,000 to $5 million in the form of SBA, USDA, mezzanine, and well-secured real estate loans.
Commerce Bank
www.commercebank.com
314-746-5210
Description: Commerce offers big help for small business. From loans and lines of credit to credit card processing and checking accounts, we offer products and services to help manage your personal and business finances more efficiently.
Economic Development Corporation
of Jefferson County
P.O. Box 623
5217 Hwy. B
Hillsboro, MO 63050
636-797-5336 Fax: 636-797-5080
www.jeffcountymo.org
Description: Provides financial and other assistance to companies located in and interested in locating in Jefferson County. Also see ‘Programs for Small Business Lending.’
Grace Hill’s Women’s Business Center
2324 N. Florissant Ave.
St. Louis, MO 63106
314-584-6840 Fax: 314-584-6841
kristyk@gracehill.org
Description: Helps women start a new business or expand an existing business. Services include: business development courses; one-on-one business counseling; loan packaging and more. A public/private partnership with the U. S. Small Business Administration.
Heartland Bank
314-512-8888
www.heartland-bank.com
Description: Saint Louis based Heartland Bank offers a complete range of premium financial solutions, delivered by a highly professional and empowered staff. Since 1887, we've proudly served our local communities while remaining independently owned and operated.
Justine Petersen Housing & Reinvestment Corporation
5031 Northrup Ave.
St. Louis, MO 63110
314-664-5051, ext.132
314-664-5364
www.justinepetersen.org
Description: Originates micro-enterprise loans up to $35,000 through its U.S. Small Business Administration Micro-Loan Intermediary Program. Also, counselors assist potential and current business owners to prepare and present financial statements, manage cash flow, and develop a business and a marketing plan. Also have an office in East St. Louis, IL.
Lexx Funding
Joy Ann Venverloh
636-458-2612
1-636-787-0543 Fax
www.lexxfunding.com
Description: Specializing in “small ticket” invoice funding and government contract funding to help business owners improve cash flow, increase profits, and promote the growth of their company without taking on additional debt.
Regions Bank
Christopher McCoy
314-615-2368
www.regions.com
Description: Regions Financial Corporation is a member of the S&P 100 Index and Forbes Magazine’s “Platinum 400” list of America’s best big companies. With $144 billion in assets, Regions is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates over 1,900 banking offices and nearly 2,400 ATMs. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company Inc., provides services from some 400 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com
RMI
"Building Success With 504 Loans"
3324 Emerald Lane
Jefferson City, Mo 65109
www.rmiinc.org
800-234-4971
Description: Fixed rate financing (typically below market) for fixed assets. Also, fixed rate microloans for working capital and fixed assets.
Royal Banks of Missouri
Mitch Baden
314-212-1500
www.royalbanksofmo.com
Description: A locally owned and operated Saint Louis Community Bank. As one of the premiere commercial real estate organizations in the city, Royal Banks continues to serve hundreds of businesses in the Saint Louis area. The company continues to support the community through involvement in many organizations such as the Business Consortium Fund; the leading lending organization to minority businesses, Olive Business Association and Downtown St. Louis Inc.
Saint Louis Business Development Fund (SLBDF)
Vince Volpe
314-402-3538
www.slbdf.com
Description: SLBDF, available to companies located anywhere in the St. Louis/southwestern Illinois region, is a special and unique source of growth capital in that it invests without taking ownership. SLBDF clients typically have a borrowing relationship with a local bank, but are unable to secure additional bank debt due to a lack of collateral, a high debt to equity ratio, etc. SLBDF invests from $50,000 to $500,000; but unlike venture capitalists, does not take any equity in the company. SLBDF is owned by 27 banks and the three largest economic development agencies in the region. It is managed by the St. Louis County Economic Council.
St. Louis Development Corp.
1015 Locust St., Ste. 1200
St. Louis, MO 63101
314-622-3400
bannisterp@stlouiscity.com
http://stlouis.missouri.org
Description: Offers programs and services to the small-business owner, including technical and financial assistance for expansion, relocation, renovation, acquisition and startup as well as land assembly/site preparation. Composed of seven agencies and authorities that work to promote economic development and growth. See Programs for Small Business Lending for the City of St. Louis.
UMB Bank
1-800-860-4UMB
UMB.com
Description: Since 1913, UMB has remained true to our legacy, business strategies and leadership principles. UMB Small Business Banking has built a reputation as a trusted and reliable financial partner. UMB is managed for the ages, not the quarter. Call or visit any of our local area UMB branches to see how we can help you reach your personal and small business goals.
U.S. Bank
314-418-2340
www.usbank.com
Description: U.S. Bancorp and our subsidiaries provide a comprehensive selection of premium financial products and services to individuals, businesses, nonprofit organizations, institutions and government entities.
U.S. Small Business Administration -St. Louis
200 N. Broadway, Ste. 1500
St. Louis, MO 63102
314-539-6600
www.sba.gov/mo/stlouis
Description: Programs can assist you with every aspect of starting and growing your business, from developing a business plan to obtaining financing, from marketing products and services to managing your company. Offers management assistance, business planning, financing, access to federal contracts, and much more.
West Community Credit Union
www.westcommunitycu.org
Jeff Hinrichs
314-346-3967
Description: West Community offers a complete suite of money-saving products and services to help your business succeed. Let us help with competitive loans, high-rate savings products, business debit and credit cards, remote deposit, credit card processing and more.
Top SBA Lenders
Multi-State Lenders
U.S. Bank
Commerce Bank
CIT
Regions Bank
National City
PNC Bank
Southwest Bank, an M&I Bank
Innovative Bank
Bank of America
Superior Finance Group
Community Banks
The Bank of Missouri
Pulaski Bank
Heartland Bank
Hawthorn Bank
First Bank
Boone County National Bank
Premier Bank
Bank of Sullivan
The Central Trust Bank
Certified Development Companies
EDC St. Charles
RMI
Meramec Regional Development Corp.
EDC Jefferson County
Source: SBA