Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

East Millinocket, Maine Small Business Loans

 
Loan Census SBA Loan Info

Getting a business loan in East Millinocket, Maine seems challenging at first, but we're here to help you get started.

If you are planning on applying for a small business loan and your business is based in East Millinocket, Maine, we've assembled a list of local small business banks that you should contact.

Local East Millinocket Business Lenders

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

Small Business Bank Recent SBA Loans
Bangor Savings Bank - Branch OFCS  

Other Lending Resources for East Millinocket Businesses

Be sure to speak with bankers outside of East Millinocket, Maine. These banks, in the table below, have lent to other East Millinocket 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
Savings Bank Of Maine
Presque Isle, ME
2

East Millinocket Bank Loan Tips

Getting a bank loan is one of the most common sources of funding for a small business, but finding financing isn't always easy.

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 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 very competitive loan terms.

Remember, before contacting lenders, 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 learn as much as you can. If you haven't read it already, we recommend you review Borrowing Money from Friends and Family.

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