If you are planning on applying for a small business loan and your business is based in Portland, Maine, we've put together a list of local small business banks that you should contact.
Local Portland Business Loan Sources
To assist you in finding a small business banker, here's our list of small business banks in Portland.
Small Business Bank |
Recent SBA Loans |
Bangor Savings Bank |
|
Bank of America |
|
Camden National Bank |
|
Dfc Of Maine |
|
Evergreen Credit Union |
|
Fleet Bank |
|
Fleet Mortgage |
|
Fleet Private Clients Group |
|
Keybank |
|
Lender's Network |
|
Maine Bank & Trust Company |
35 |
Maine Mortgage Partners LLC |
|
Maine National Bank |
|
McDonald Investments Inc |
|
Northeast Bank FSB |
|
Norway Savings Bank |
25 |
Td Banknorth |
2,085 |
Banks that Lend to Portland Businesses
Banks outside of Portland will often lend to entrepreneurs in Portland, ME. Here's a list of out-of-area banks that have recently made loans to Portland entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-area banking location, either from another city in Maine or from out of state.
Small Business Bank |
Recent SBA Loans |
Amresco SBA Holdings, Inc.
Irving, TX |
1 |
Androscoggin Savings Bank
Lewiston, ME |
1 |
Bangor Savings Bank
Bangor, ME |
8 |
Bank Of America
Charlotte, NC |
24 |
Bank Of America
Providence, RI |
30 |
Bath Savings Institution
Bath, ME |
3 |
Business Loan Center, LLC
New York, NY |
1 |
Capital One
Mclean, VA |
9 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
Gorham Savings Bank
Gorham, ME |
2 |
Gorham Savings Bank
Scarborough, ME |
1 |
Greater Bay Bank
Palo Alto, CA |
1 |
Katahdin Trust Co.
Patten, ME |
1 |
Kennebunk Savings Bank
Kennebunk, ME |
2 |
Keybank National Association
Cleveland, OH |
14 |
Maine Bank & Trust Company
Falmouth, ME |
2 |
Maine Bank & Trust Company
Scarborough, ME |
1 |
Maine Bank & Trust Company
Westbrook, ME |
1 |
Northeast Bank
Brunswick, ME |
1 |
Northeast Bank
Lewiston, ME |
3 |
Norway Savings Bank
Norway, ME |
23 |
Ocean Bank
Portsmouth, NH |
3 |
Pepperell Bank & Trust
Biddeford, ME |
3 |
Rbs Citizens
Providence, RI |
2 |
Rivergreen Bank
Kennebunk, ME |
3 |
Saco & Biddeford Savings Insti
Saco, ME |
6 |
Wells Fargo Bank
San Jose, CA |
1 |
Portland Bank Loan Tips
It's only a matter of time.
"I need cash for my business!" you'll say.
Maybe you need a $50,000 small business loan to launch a big advertising campaign. Perhaps you need a $500,000 business loan to buy an office building.
It's time to introduce yourself to a small business lender in Portland.
Sure, there are other sources of small business funding: borrowing family money, angel investors,
and merchant credit card advances, to name a few.
But, in the final analysis, getting a small business loan from a small business banker is often the better tactic for a small business to get cash in a hurry to meet short-term business objectives.
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
Microlending as a Small Business Funding Source.
Business Loan Sources for Other Cities in Maine
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