This article is written specifically for entrepreneurs in Salem, New Hampshire who are interested in getting a bank loan.
Local Salem Lenders
Without further adieu, here's our list of small business banks in Salem.
Banks that Lend to Salem Businesses
Banks outside of Salem will often lend to entrepreneurs in Salem, NH. Here's a list of out-of-area banks that have recently made loans to Salem 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 New Hampshire or from out of state.
Small Business Bank |
Recent SBA Loans |
1st National Bank - Ipswich
Ipswich, MA |
1 |
Bank Of America
Charlotte, NC |
7 |
Bank Of America
Providence, RI |
12 |
Capital One
Mclean, VA |
2 |
Centrix Bank & Trust
Bedford, NH |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
4 |
Comerica Bank
Dallas, TX |
1 |
Danversbank
Danvers, MA |
1 |
Eastern Bank
Boston, MA |
1 |
Enterprise Bank & Trust
Lowell, MA |
3 |
First Colebrook Bank
Amherst, NH |
1 |
Maine Bank & Trust Company
Portland, ME |
1 |
Newtek Small Business Finance Inc.
New York, NY |
1 |
North Shore Bank A Cooperative
Peabody, MA |
1 |
Ocean Bank
Hampstead, NH |
1 |
Ocean Bank
Portsmouth, NH |
2 |
Pentucket Bank
Haverhill, MA |
2 |
Rbs Citizens
Boston, MA |
3 |
Rbs Citizens
Manchester, NH |
22 |
Rbs Citizens
Norwood, MA |
7 |
Rbs Citizens
Providence, RI |
53 |
Riverbank
North Andover, MA |
2 |
Rivergreen Bank
Kennebunk, ME |
1 |
Salem Five Cents Savings Bank
Salem, MA |
1 |
Sovereign Bank
Boston, MA |
2 |
Sovereign Bank
Villanova, PA |
10 |
Sovereign Bank
Wyomissing, PA |
2 |
Td Banknorth
Portland, ME |
10 |
Tips for Getting a Business Loan in Salem
We know exactly where you are at.
"Where can I borrow some money for my business?" you'll say.
Maybe you need a $30,000 small business loan to upgrade your business. Perhaps you need a $150,000 business loan to buy more inventory.
It's time to visit with a small business banker in Salem.
Sure, there are other ways to raise money: person to person loans, equity financing,
and merchant credit card loans, to name a few.
But, in the final analysis, finding a small loan from a bank is often the easiest way for a small business to get cash in a hurry to fund growth plans.
Gaebler.com Advice on Raising Money
Make it a priority to learn as much as you can about Raising
Money. For starters, we recommend you read
504 Loans.
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