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

Manchester, New Hampshire Business Loan

 
Loan Census SBA Loan Info

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

These materials were prepared for small business owners in Manchester, New Hampshire who are interested in getting a small business loan.

Local Manchester Lending Resources

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

Small Business Bank Recent SBA Loans
Bank Of America 28
Bank of New Hampshire - Banking Centers- Manchester  
CFG  
Citizens Bank - Branch Offices- Manchester  
Citizens Bank - Drive Up Only  
Citizens Bank - Super Market Office- Hannaford  
Citizens Bank - Supermarket Branches- Stop & Shop  
Diebold Incorporated - Sales  
Efmark Service CO of NE  
First Bank  
Fleet Mortgage  
Fleet Private Clients Group  
Key Mortgage Corp  
National Bank of Ipswich  
Ocean Bank 3
Ocean National Bank  
Rbs Citizens 1,145
Southern New Hampshire Bank & Trust  
Sovereign Bank  
St. Mary's Bank 37
Td Banknorth 14
Worldwide Enterprises  

SBA Lenders for Manchester Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
9
Bank Of America
Providence, RI
40
Bank Of New England
Bedford, NH
1
Bank Of New England
Windham, NH
1
Business Lenders, LLC
Hartford, CT
1
Business Loan Center, LLC
New York, NY
3
Capital One
Mclean, VA
13
Centrix Bank & Trust
Bedford, NH
18
Cit Small Business Lending Corp
Livingston, NJ
8
Danversbank
Danvers, MA
1
Enterprise Bank & Trust
Westford, MA
1
First Colebrook Bank
Colebrook, NH
2
Independence Bank
East Greenwich, RI
1
Laconia Savings Bank
Laconia, NH
3
Massachusetts Business
Wakefield, MA
1
Merrimack County Savings Bank
Bow, NH
1
Ocean Bank
Portsmouth, NH
21
Rbs Citizens
Norwood, MA
33
Rbs Citizens
Providence, RI
253
Small Business Loan Source LLC
Houston, TX
1
Sovereign Bank
Boston, MA
1
Sovereign Bank
Wyomissing, PA
2
Td Banknorth
Andover, MA
1
Td Banknorth
Burlington, MA
1
Td Banknorth
Farmington, NH
1
Td Banknorth
Portland, ME
30
Wachovia SBA Lending, Inc.
Roseville, CA
3

Manchester Business Loan Advice

Before meeting with banks for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, walk the banker through the planned use of proceeds, and show how you intend to to pay the loan back to the bank.

Being able to present a well-written business plan is is critically important. If the financing is to for a going concern, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to guarantee the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which you cannot repay the loan.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as your individual retirement account or pension plan. 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. Before you sit down to talk with a small business banker, you may want to get up to speed 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 it a priority to learn as much as you can about Raising Money. For starters, we recommend you read Bank Credit Lines.

More Business Loan Info for New Hampshire
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