Small Business Loans in Wyoming

Ready to find success and secure a small business loan? You're in the right place! Our in-house research team of finance experts has compiled this most comprehensive list of business loans for you to find the best option for you. Bad credit and startups acceptable when meeting specific qualifications.

10 Small Business Loans in Wyoming

Our compilation is a tailored analysis of small business financing sources in Wyoming, grounded on concrete evidence. The rankings are based on the volume of small business loans distributed by each lender throughout the current year.

Essentially, this lineup highlights the financial institutions and lending entities that are actively providing the highest number of loans to small enterprises within the state.

(This contrasts with many online resources, which often focus on non-lending nonprofit organizations and government schemes that are inaccessible to a majority of businesses!)

Takeaway: Small, local banks do most of the small business lending in Wyoming. There a plenty of business financing options for agricultural businesses.

Methodology: This analysis is rooted in SBA 7a loan information, ensuring that all the lenders mentioned here provide SBA loans. Additionally, we've detailed every other small business financing option advertised on their online platforms.

Traditional banking institutions often set the bar high with requirements for strong credit scores and a business history of more than two years. 

To address this, our guide begins with two alternative financing solutions to support small business owners who may not have strong credit or are relatively new to the business world.

1. Credit Suite

Credit Suite stands out as a firm specializing in business credit guidance and software solutions while also providing two unconventional financing options.

For entrepreneurs who have been in the market for a couple of years with only basic credit score requirements, Cash Flow Financing is an excellent choice

This method allows businesses to use their existing cash flow as a means to secure adaptable financial support. Instead of fixed monthly installments, repayment is made through a portion of your business's continuous cash flow, offering a more flexible approach to financial management.

The Credit Line Hybrid is a financing solution that hinges solely on the strength of an individual's credit without the need for detailed financial records, bank statements, or business proposals. It's crafted with a wide range of businesses in mind, providing access to funds ranging from $5,000 to $150,000.

Business financing options offered:

  • Credit Suite Cash Flow Financing
  • Credit Suite Credit Line Hybrid

2. Bank of Bridger

Bank of Bridger is headquartered in nearby Montana, but has a robust presence in Wyoming as well. It issues more SBA loans in Wyoming than any other lender.

Business financing options offered:

  • Agricultural Lending 

  • SBA Loans 

3. Platte Valley Bank

Platte Valley is a small bank in Wyoming with a strong array of agricultural loans. It ranks #2 for the most SBA loans issued in the state.

Business financing options offered:

  • Term Loans

  • Real Estate Loans 

  • Construction Loans

  • Lines Of Credit

  • Agricultural Loans

4. Live Oak Banking Company

Live Oak Bank is a prominent player in the SBA lending scene across the United States. While their website may not delve deeply into the details of their varied loan products, they stand out for their dedication to comprehending the specific sectors their clients operate in.

Highlighting 48 distinct industries on their website, Live Oak Bank asserts that they provide specialized financing solutions tailored to each of these sectors, showcasing their commitment to meeting the unique needs of their diverse clientele.

Business financing options offered:

  • SBA Loans

  • USDA Loans

  • Industry Verticle Loans

5. Wyoming Community Bank

As its name suggests, Wyoming Community Bank is a small, local bank with a modest set of business loan options.

Business financing options offered:

  • Lines of Credit

  • Term Loans

  • Commercial Mortgages

  • Small Business Administration Loans (SBA)

6. U.S. Bank

US Bank is a major national banking entity that offers a broad spectrum of business financing options. With its extensive presence through numerous branch offices, it's a common sight in many locales. 

Business financing options offered:

  • US Bank Quick Loan

  • Business Term Loan

  • Commercial Real Estate Loan

  • Equipment Financing

  • SBA Loans

  • Dental, Medical, and Vet Practice Loans

  • Business Line of Credit

  • Manage Cash Flow

  • Business Equity Line of Credit

  • Business Reserve Line

  • 4 Business Credit Cards

7. First National Bank of Omaha

They have a diverse set of business financing offerings, particularly for the industries that they focus on. You can read about the many different loans they have for each industry listed on their website. Their virtual card is particularly interesting.

Business financing options offered:

  • Small Business Loans

  • Small Business Lines of Credit

  • SBA Loans

  • Equipment and Fleet Financing

  • Commercial Real Estate Financing

  • Healthcare Loans

  • Transportation/Logistics

  • 2 business credit cards

  • Virtual card for payments

8. Community Banks of Colorado

Community Banks’ website has a wealth of information about loan terms, sizes, and interest rates.

Business financing options offered:

  • SBA Loans - 7a, 504, Express, Working Capital CAPline, Export Express, International Trade Loan

  • Business Term Loan

  • Business Lines of Credit

  • Business Real Estate Loan

  • Industry Niche Loans

9. Cadence Bank

Cadence is a small regional bank with limited loan offerings.

Business financing options offered:

  • Small Business Administration Loans

  • Business Loans & Lines of Credit

  • 1 Business Credit Card

10. Wells Fargo Bank

Wells Fargo stands as a prominent national bank, likely a familiar presence in most towns. Despite its size, it offers a relatively limited selection of financing options for small businesses. 

Nevertheless, it secures a top spot on this list due to the substantial volume of loans it manages to originate, highlighting its significant impact in the small business lending arena.

Business financing options offered:

  • SBA 7a Loans & 504 Loans

  • 2 Business Lines of Credit

  • Practice Financing

How to apply for a small business loan in Wyoming 

Getting your small business funded doesn't have to be overwhelming, regardless of how many steps may be involved. Let the leading business guides at Credit Suite help you along the way!