Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Middletown, New Jersey Small Business Loans

 
Loan Census SBA Loan Info

Looking for a Middletown, New Jersey small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

If you are looking for a small business loan and your business is based in Middletown, New Jersey, we've assembled a list of local small business banks that you should contact.

Local Middletown Business Lenders

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

Small Business Bank Recent SBA Loans
Columbia Bank - Branches  
First Savings Bank - Middletown Office  
Harmonia Savings Bank  
Investers Savings Bank  
Marine View Savings Bank  

Lenders for Middletown Businesses

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

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
4
Bank Of America
Providence, RI
6
Bank Of America
Waltham, MA
1
Bnb Bank, National Association
Fort Lee, NJ
1
Business Lenders, LLC
Hartford, CT
1
Business Loan Center, LLC
New York, NY
2
Business Loan Center, LLC
Richmond, VA
1
Capital One
Mclean, VA
1
Cathay Bank
Los Angeles, CA
1
Citibank
New York City, NY
1
Commerce Bank
Flemington, NJ
1
Commerce Bank
Philadelphia, PA
3
Hopewell Valley Community Bank
Pennington, NJ
1
Millennium Bcpbank
Newark, NJ
1
New York Community Bank
North Brunswick, NJ
1
Pnc Bank, National Association
Philadelphia, PA
1
Pnc Bank, National Association
Pittsburgh, PA
1
Progressive Cu
New York City, NY
1
Sovereign Bank
Fairfield, NJ
1
Sovereign Bank
Villanova, PA
1
Sovereign Bank
Wyomissing, PA
4
Unity Bank
Clinton, NJ
4
Valley National Bank
North Plainfield, NJ
1
Wachovia Bank
Charlotte, NC
1

Middletown Bank Loan Tips

Before contacting banks for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, define how the money will be used, and show how you plan to pay the loan back to the bank.

A well-defined business plan is essential. If the money is to for a going concern, you should also have financial statements covering the last three years. In addition, you should itemize what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as your individual retirement account or pension plan. 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 these banks are SBA lenders. Before meeting with the banker, 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 serious about Raising Money, you need to educate yourself. If you haven't read it already, we recommend you review 504 Loans.

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