We wrote this article for entrepreneurs in Northfield, Massachusetts who are interested in getting a bank loan.
Local Northfield Business Loan Sources
To help you learn more about local small business lenders, here's our list of small business banks in Northfield.
Small Business Bank |
Recent SBA Loans |
Greenfield Co-Operative Bank |
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Lenders for Northfield Businesses
Be sure to speak with bankers outside of Northfield, Massachusetts. These banks, in the table below, have lent to other Northfield 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 Northfield
Borrowing money is one of the most common sources of funding for a small business, but securing debt financing is a time-consuming task.
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 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 a great deal on your bank 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 serious about Raising
Money, you need to get up to speed on the subject. If you haven't read it
already, we recommend you review
Attracting Investors.
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