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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