If you are planning on applying for a small business loan and your business is based in Leominster, Massachusetts, we've assembled a list of local small business banks that you should contact.
Local Leominster Business Lenders
Without further adieu, here's our list of small business banks in Leominster.
Small Business Bank |
Recent SBA Loans |
Banknorth Massachusetts - Banking Centers |
|
Enterprise Bank & Trust |
24 |
Enterprise Bank and Trust Company - Leominster |
|
Fitchburg Savings Bank FSB |
|
Flagship Bank & Trust CO - Branch Offices |
|
Fleet Bank |
|
I-C Federal Credit Union |
|
Leominster Credit Union |
|
Sovereign Bank |
|
Business Loan Providers for Leominster Businesses
Be sure to speak with bankers outside of Leominster, Massachusetts. These banks, in the table below, have lent to other Leominster 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 |
Bank Of America
Charlotte, NC |
8 |
Bank Of America
Providence, RI |
12 |
Capital One
Mclean, VA |
6 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
Commonwealth National Bank
Worcester, MA |
1 |
Danversbank
Danvers, MA |
2 |
Enterprise Bank & Trust
Lowell, MA |
5 |
Fidelity Co-operative Bank
Fitchburg, MA |
2 |
Flagship Bank & Trust
Worcester, MA |
12 |
Massachusetts Business
Wakefield, MA |
1 |
Pnc Bank, National Association
Pittsburgh, PA |
1 |
Rbs Citizens
Boston, MA |
1 |
Rbs Citizens
Providence, RI |
5 |
Sovereign Bank
Boston, MA |
4 |
Sovereign Bank
Dorchester, MA |
2 |
Sovereign Bank
Villanova, PA |
2 |
Sovereign Bank
Wyomissing, PA |
1 |
Td Banknorth
Portland, ME |
7 |
Wells Fargo Bank
San Jose, CA |
1 |
Leominster Bank Loan Tips
Getting a bank loan is one of the most common sources of funding for a small business, but securing debt financing is a time-consuming task.
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 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 very competitive loan terms.
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.
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