Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Scarborough, Maine Small Business Loans

 
Loan Census SBA Loan Info

Getting a business loan in Scarborough, 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 Scarborough, Maine, we've assembled a list of local small business banks that you should contact.

Local Scarborough Lenders

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

Small Business Bank Recent SBA Loans
Bodwell Banking Solutions  
Fleet Bank  
Gorham Savings Bank 4
Keybank - Windham- Keycenters- Scarborough  
Maine Bank & Trust Company 6
Norway Savings Bank  

Banks that Lend to Scarborough Businesses

Be sure to speak with bankers outside of Scarborough, Maine. These banks, in the table below, have lent to other Scarborough 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
Bangor Savings Bank
Bangor, ME
3
Bank Of America
Charlotte, NC
2
Bank Of America
Providence, RI
8
Bath Savings Institution
Bath, ME
2
Biddeford Savings Bank
Biddeford, ME
3
Business Lenders, LLC
Hartford, CT
1
Capital One
Mclean, VA
2
Cit Small Business Lending Corp
Livingston, NJ
1
Gorham Savings Bank
Gorham, ME
1
Keybank National Association
Cleveland, OH
6
Maine Bank & Trust Company
Portland, ME
1
Maine Bank & Trust Company
South Portland, ME
1
Northeast Bank
Lewiston, ME
3
Norway Savings Bank
Norway, ME
2
Norway Savings Bank
Portland, ME
2
Pepperell Bank & Trust
Biddeford, ME
1
Rivergreen Bank
Kennebunk, ME
2
Td Banknorth
Andover, MA
1
Td Banknorth
Portland, ME
12
Ups Capital Business Credit
Boston, MA
1
Ups Capital Business Credit
Windsor, CT
1

Scarborough Bank Loan Tips

Borrowing money is one of the most common sources of funding for a small business, but obtaining 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 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 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

If you are serious about Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review 504 Loans.

Business Loan Sources for Other Cities in Maine
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Get a Business Loan in Skowhegan

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