If you are hoping to get a small business loan and your business is based in Lynn, Massachusetts, we've assembled a list of local small business banks that you should contact.
Local Lynn Lending Resources
To help you learn more about local small business lenders, here's our list of small business banks in Lynn.
Small Business Bank |
Recent SBA Loans |
Citizens Bank - Supermarket Branches- Stop & Shop |
|
Eastern Bank |
16 |
Equitable Co-Operative Bank |
|
Sovereign Bank |
|
Other Lending Resources for Lynn Businesses
Be sure to speak with bankers outside of Lynn, Massachusetts. These banks, in the table below, have lent to other Lynn 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 |
9 |
Capital One
Mclean, VA |
4 |
Century Bank And Trust Company
Somerville, MA |
2 |
Cit Small Business Lending Corp
Livingston, NJ |
7 |
Danversbank
Danvers, MA |
13 |
Eastern Bank
Boston, MA |
20 |
Keybank National Association
Cleveland, OH |
1 |
Metro Cu
Chelsea, MA |
1 |
Mwbank
Menomonee Falls, WI |
1 |
North Shore Bank A Cooperative
Peabody, MA |
1 |
Rbs Citizens
Boston, MA |
4 |
Rbs Citizens
Providence, RI |
29 |
Salem Five Cents Savings Bank
Salem, MA |
2 |
Sovereign Bank
Boston, MA |
2 |
Sovereign Bank
Villanova, PA |
4 |
Sovereign Bank
Wyomissing, PA |
2 |
Td Banknorth
Portland, ME |
1 |
United Commercial Bank
Boston, MA |
1 |
Wells Fargo Bank
San Jose, CA |
1 |
Business Loan Advice for Lynn Businesses
Getting a bank loan is one of the most common sources of funding for a small business, but getting small business financing 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 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 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
If you are new to our Gaebler.com site, you should know that we are passionate about supporting entrepreneurs, and we have a
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