Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Cumberland, Rhode Island

 
Loan Census SBA Loan Info

Looking for a Cumberland, Rhode Island small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

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

Local Cumberland Business Loan Sources

Without further adieu, here's our list of small business banks in Cumberland.

Small Business Bank Recent SBA Loans
Citizens Bank - Branch Offices- Cumberland  
Citizens Bank - Drive-Up Only  
Citizens Bank - Private Banking Department- Branch Offices- Supermarket Branches- Stop &  
Credit Union Central Falls  
Freedom National Bank 2
Sovereign Bank - Offices- Cumberland  

Business Loan Providers for Cumberland Businesses

Be sure to speak with bankers outside of Cumberland, Rhode Island. These banks, in the table below, have lent to other Cumberland 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
Washington Tr Co - Westerly
Providence, RI
1
Washington Tr Co - Westerly
Westerly, RI
1
Bank Of America
Charlotte, NC
2
Bank Rhode Island
Providence, RI
5
Business Loan Center, LLC
Richmond, VA
1
Capital One
Mclean, VA
1
Coastway Cu
Cranston, RI
2
Domestic Bank
Cranston, RI
1
Independence Bank
East Greenwich, RI
3
Innovative Bank
Oakland, CA
1
Rbs Citizens
Providence, RI
26
Sovereign Bank
Dorchester, MA
2
Sovereign Bank
Providence, RI
1
Sovereign Bank
Villanova, PA
3

Business Loan Advice for Cumberland Businesses

Borrowing money is one of the most common sources of funding for a small business, but getting a loan 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 talking to 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

Take the time to learn as much as you can about Raising Money. To get started, we suggest you read Getting a Small Business Loan.

More Business Loan Info for Rhode Island
Get a Business Loan in Cranston
Get a Business Loan in East Providence

Browse All Business Loan Sources for Rhode Island