Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Business Loan Prospect, Connecticut

 
Loan Census SBA Loan Info

Raising money in Prospect, Connecticut? If so, you'll want to talk to some of these small business lenders in Prospect.

These materials were prepared for entrepreneurs in Prospect, Connecticut who are interested in getting a small business loan.

Local Prospect Business Loan Sources

To assist you in finding a small business banker, here's our list of small business banks in Prospect.

Small Business Bank Recent SBA Loans
Naugatuck Savings Bank  
Wachovia - Financial Centers- Prospect- Prospect Office ATM  
Webster Bank  

Other Lending Resources for Prospect Businesses

Be sure to speak with bankers outside of Prospect, Connecticut. These banks, in the table below, have lent to other Prospect small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
1
Bank Of America
Providence, RI
5
Capital One
Mclean, VA
1
Naugatuck Savings Bank
Naugatuck, CT
1
Newalliance Bank
New Haven, CT
1
Rbs Citizens
Providence, RI
1
Td Banknorth
Portland, ME
4
Thomaston Savings Bank
Thomaston, CT
1
Webster Bank
Waterbury, CT
1

Tips for Getting a Business Loan in Prospect

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing is not a slam dunk.

Improve your odds by talking to as many banks as possible.

When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer better loan terms than others.

By meeting with all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get the best possible small business loan.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

If you are planning on Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Choosing VC Firms.

Business Loan Sources for Other Cities in Connecticut
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