Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Business Loan Westfield, Massachusetts

 
Loan Census SBA Loan Info

Small business loans in Westfield, Massachusetts are available. You just need to talk to the right bank.

This article is written specifically for small business proprietors in Westfield, Massachusetts who are interested in getting debt financing.

Local Westfield Banks

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

Small Business Bank Recent SBA Loans
Berkshire Bank 3
Sovereign Bank - Offices- Westfield  
United Bank  
Unitrade  
Westfield Bank 54

Other Lending Resources for Westfield Businesses

Be sure to speak with bankers outside of Westfield, Massachusetts. These banks, in the table below, have lent to other Westfield 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
Amer Express Centurion Bk
Salt Lake City, UT
1
Bank - Western Massachusetts
Springfield, MA
17
Bank Of America
Charlotte, NC
3
Bank Of America
Providence, RI
8
Capital One
Mclean, VA
3
Chicopee Savings Bank
Chicopee, MA
1
Cit Small Business Lending Corp
Livingston, NJ
3
Florence Savings Bank
Florence, MA
1
Greenfield Co-operative Bank
Greenfield, MA
1
Home Loan Invest Bank F.s.b.
Warwick, RI
1
Newalliance Bank
West Springfield, MA
5
Newtek Small Business Finance Inc.
New York, NY
1
Rbs Citizens
Boston, MA
1
Rbs Citizens
Providence, RI
16
Sovereign Bank
Wyomissing, PA
1
Td Banknorth
Portland, ME
4
Td Banknorth
Worcester, MA
1
Temecula Valley Bank
Temecula, CA
1
United Bank
West Springfield, MA
7
Ups Capital Business Credit
Windsor, CT
2
Wachovia SBA Lending, Inc.
Roseville, CA
1
Webster Bank
Waterbury, CT
1
Wells Fargo Bank
San Jose, CA
1

Tips for Getting a Business Loan in Westfield

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing is a time-consuming task.

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 a better deal 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 rate on a 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 serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review How Equity Dilution Works.

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