Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Small Business Lenders in Freeport, New York

 
Loan Census SBA Loan Info

Raising money in Freeport, New York? If so, you'll want to talk to some of these small business lenders in Freeport.

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

Local Freeport Lending Resources

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

Small Business Bank Recent SBA Loans
Chase Manhattan Bank  
Citibank N.A.  
Exchange Solutions Inc  

Lenders for Freeport Businesses

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

Small Business Bank Recent SBA Loans
Banco Popular North America
New York City, NY
3
Bank Of America
Charlotte, NC
4
Bank Of America
Providence, RI
18
Bb&t Bankcard Corporation
Columbus, GA
1
Bnb Bank, National Association
Fort Lee, NJ
2
Branch Bank & Trust
Winston Salem, NC
1
Business Loan Center, LLC
New York, NY
1
Capital One
Mclean, VA
5
Capital One Bank (usa)
Glen Allen, VA
1
Carver Federal Savings Bank
New York City, NY
2
Citibank
Las Vegas, NV
1
Citibank
New York City, NY
8
Commerce Bank
Philadelphia, PA
2
Flushing Savings Bank, FSB
New York City, NY
1
Ge Cap. Small Business Finan Corp
St. Louis, MO
1
Home Loan Invest Bank F.s.b.
Warwick, RI
2
Hsbc Bank Usa
Buffalo, NY
1
Hsbc Bank Usa
Syracuse, NY
3
Innovative Bank
Oakland, CA
4
Jpmorgan Chase Bank
Houston, TX
20
Manufacturers & Traders Trust
Amherst, NY
1
New York Community Bank
Westbury, NY
1
Pnc Bank, National Association
Pittsburgh, PA
1
Unity Bank
Clinton, NJ
2
Washington Mutual Bank
Henderson, NV
5

Business Loan Advice for Freeport Businesses

As a prerequisite to meeting with banks for a loan, you will need to determine exactly what size loan you will be asking for.

You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the money back to the bank.

Being able to present a well-written business plan is essential. If the financing is to for an existing business, 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 pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. 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. Prior to visiting local banks, you may want to do your homework 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

If you are planning on Raising Money, you need to get up to speed on the subject. If you haven't read it already, we recommend you review Attracting Investors.

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