If you are looking for a small business loan and your business is based in Salem, New York, we've assembled a list of local small business banks that you should contact.
Other Lending Resources for Salem Businesses
Banks outside of Salem will often lend to entrepreneurs in Salem, NY. 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 York or from out of state.
Small Business Bank |
Recent SBA Loans |
Td Banknorth
Portland, ME |
1 |
Business Loan Advice for Salem Businesses
It's inevitable.
"How do I get a small business loan?" you'll say.
Maybe you need a $50,000 small business loan to pay your income taxes. Perhaps you need a $250,000 business loan to buy more inventory.
It's time to introduce yourself to a small business banker in Salem.
Sure, there are other options: borrowing money from investors, private equity funds,
and merchant cash advances, to name a few.
But, when all is said and done, obtaining a small business loan from a small-business friendly bank is often the easiest way for a small business to get money fast to meet short-term business objectives.
Gaebler.com Advice on Raising Money
Take the time to learn as much as you can about Raising
Money. To get the ball rolling, we recommend you read
Getting a Small Business Loan.
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