These materials were prepared for small business proprietors in Groton, New York who are interested in getting a bank loan.
Local Groton Lending Resources
To assist you in finding a small business banker, here's our list of small business banks in Groton.
Business Loan Providers for Groton Businesses
Be sure to speak with bankers outside of Groton, New York. 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.
Tips for Getting a Business Loan in Groton
Borrowing money is one of the most common sources of funding for a small business, but getting small business financing requires a fair amount of work.
It's always a good idea to talk 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 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 rate on a small business loan.
Remember, before visiting with local small business banks, 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
Take the time to learn as much as you can about Raising
Money. To get started, we recommend you read
Borrowing Money from Friends and Family.
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