If you are hoping to get a small business loan and your business is based in Somerville, New Jersey, we've put together a list of local small business banks that you should contact.
Local Somerville Business Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Somerville.
Small Business Bank |
Recent SBA Loans |
First National Bank of Central Jersey |
|
Fiser Advantage Bank |
|
Ford Financial LLC |
|
Liberty Bank |
|
Provident Bank |
|
Raritan Savings Bank |
|
Skylands Community Bank |
63 |
Somerset Savings Bank-Sla - Manville |
|
Somerset Savings Bank-Sla - Somerville- Branch Office |
|
Somerset Valley Bank |
|
Somerset Valley Financial LLC |
|
SBA Lenders for Somerville Businesses
Be sure to speak with bankers outside of Somerville, New Jersey. These banks, in the table below, have lent to other Somerville small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.
Small Business Bank |
Recent SBA Loans |
1st Constitution Bank
Cranbury, NJ |
1 |
Bank Of America
Charlotte, NC |
4 |
Bank Of America
Providence, RI |
10 |
Capital One
Mclean, VA |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
1 |
Comerica Bank
Dallas, TX |
1 |
Commerce Bank
Philadelphia, PA |
7 |
Commerce Bank/north
Ramsey, NJ |
2 |
Hsbc Bank Usa
Buffalo, NY |
1 |
Hsbc Bank Usa
Syracuse, NY |
1 |
Innovative Bank
Oakland, CA |
1 |
Pnc Bank, National Association
Philadelphia, PA |
2 |
Pnc Bank, National Association
Pittsburgh, PA |
7 |
Pnc Bank, National Association
Somerset, NJ |
5 |
Sovereign Bank
Wyomissing, PA |
1 |
Sun National Bank
Branchburg, NJ |
1 |
Sun National Bank
Vineland, NJ |
1 |
Td Banknorth
Saddle Brook, NJ |
1 |
Unitedtrust Bank
Phillipsburg, NJ |
1 |
Unity Bank
Clinton, NJ |
3 |
Valley National Bank
North Plainfield, NJ |
1 |
Business Loan Advice for Somerville Businesses
Getting a bank loan is one of the most common sources of funding for a small business, but obtaining a loan can be difficult.
Improve your odds by talking to as many banks as possible.
When applying for 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 a better deal 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 very competitive loan terms.
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
Invest the time to learn as much as you can about Raising
Money. To get the ball rolling, we suggest you read
504 Loans.
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