Loan Census Banking News and Information
May 22, 2024  
 
 
  Business Loan Information  
 

Groton, Connecticut Small Business Loans

 
Loan Census SBA Loan Info

I need a loan for my business in Groton, Connecticut! If that's what's on your mind, you've come to the right place.

If you are looking for a small business loan and your business is based in Groton, Connecticut, we've put together a list of local small business banks that you should contact.

Local Groton Lenders

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

Small Business Bank Recent SBA Loans
BKP Corporation  
Charter Oak Federal Credit Union  
Chelsea Groton Bank - Branches- Groton  
Chelsea Groton Bank - Commercial Loan Offices- Branches  
Chelsea Groton Savings Bank 5
Citizens Bank - Branch Offices  
Liberty Bank  
Matrix Investment Corporation  
People's Bank - Groton- Inside Super Stop & Shop  
Savings Institute Bank & Trust CO  
Webster Bank  

Lenders for Groton Businesses

Be sure to speak with bankers outside of Groton, Connecticut. These banks, in the table below, have lent to other Groton 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
6
Bank - Southern Connecticut
New Haven, CT
1
Bank Of America
Charlotte, NC
2
Bank Of America
Providence, RI
6
Branch Bank & Trust
Atlanta, GA
1
Business Lenders, LLC
Hartford, CT
1
Business Loan Center, LLC
Washington, DC
1
Capital One
Mclean, VA
1
Cit Small Business Lending Corp
Livingston, NJ
4
Commerce Bank
Flemington, NJ
1
Commerce Bank
Philadelphia, PA
2
Merrill Lynch Bank Usa
Salt Lake City, UT
1
Newalliance Bank
New Haven, CT
1
People's United Bank
Bridgeport, CT
1
Rbs Citizens
New London, CT
7
Rbs Citizens
Norwood, MA
1
Rbs Citizens
Providence, RI
30
Savings Inst. Bank & Trust
Willimantic, CT
1
Small Business Loan Source LLC
Houston, TX
1
Unity Bank
Clinton, NJ
2
Webster Bank
Waterbury, CT
1

Groton Bank Loan Tips

Borrowing money is one of the most common sources of funding for a small business, but getting a loan requires a fair amount of work.

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

When getting 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

Our Gaebler.com site is deeply committed to supporting entrepreneurs, and we have a lot of useful articles about to Raising Money. For example, we recommend you read Bank Credit Lines.

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