If you are planning on applying for a small business loan and your business is based in Burlington, Vermont, we've assembled a list of local small business banks that you should contact.
Local Burlington Banks
Without further adieu, here's our list of small business banks in Burlington.
Small Business Bank |
Recent SBA Loans |
Banknorth Vermont - Banking Centers- Burlington |
|
Charter One Bank - Branch Locations- Shelburne |
|
Chittenden Bank |
|
Chittenden Trust Company |
356 |
Citizens Bank |
|
Keybank |
|
Northcountry Federal Credit Union |
|
Northfield Savings Bank |
|
Opportunities Cu |
5 |
Td Banknorth |
13 |
The Merchants Bank |
1 |
Vermont Development Credit Union |
|
Vermont National Bank |
|
Other Lending Resources for Burlington Businesses
Banks outside of Burlington will often lend to entrepreneurs in Burlington, VT. Here's a list of out-of-area banks that have recently made loans to Burlington entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Vermont or from out of state.
Burlington Bank Loan Tips
Every business owner eventually goes through this.
"I need to learn how to get a small business loan." you'll say.
Maybe you need a $30,000 small business loan to pay your income taxes. Perhaps you need a $150,000 business loan to buy some new equipment.
It's time to sit down with a small business banker in Burlington.
Sure, there are other ways to raise money: borrowing family money, private equity funds,
and merchant credit card advances, to name a few.
But, at the end of the day, procuring small business financing from a local bank is often the the best method for a small business to obtain financing to implement defined business plans.
Gaebler.com Advice on Raising Money
Make the effort and learn as much as you can about Raising
Money. To get started, we suggest you read
Borrowing Money from Friends and Family.
More Business Loan Info for Vermont
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