Loan Census Banking News and Information
November 2, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Clinton, New Jersey

 
Loan Census SBA Loan Info

Small business loans in Clinton, New Jersey are available. You just need to talk to the right bank.

If you are looking for a small business loan and your business is based in Clinton, New Jersey, we've assembled a list of local small business banks that you should contact.

Local Clinton Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Clinton.

Small Business Bank Recent SBA Loans
Commerce Bank  
Peapack Gladstone Bank - Clinton OFC  
PNC Bank - Branch Locations- Loans & Customer Service- Clinton  
Unity Bank 1,099
Unity Financial Services, Inc 2
Unity Investment Services, Inc 1

Lenders for Clinton Businesses

This is a list of banks outside of Clinton, New Jersey that have provided SBA loans to Clinton businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
Bank Of America
Providence, RI
4
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
1
Commerce Bank
Flemington, NJ
5
Commerce Bank
Philadelphia, PA
10
Commerce Bank/north
Ramsey, NJ
1
Pnc Bank, National Association
Philadelphia, PA
1
Pnc Bank, National Association
Pittsburgh, PA
2
Pnc Bank, National Association
Somerset, NJ
1
Sun National Bank
Branchburg, NJ
1

Business Loan Advice for Clinton Businesses

Before reaching out to banks for a loan, you will need to have a specific plan.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the money back to the bank.

A well-defined business plan is an important prerequisite. If the bank loan is to for a going concern, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, the bank may ask you to to pledge your personal assets, such as the equity in your home. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list are SBA lenders. Prior to visiting local banks, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Make the effort and learn as much as you can about Raising Money. To get the ball rolling, we recommend you read 504 Loans.

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