If you are looking for a small business loan and your business is based in Wakefield, Rhode Island, we've put together a list of local small business banks that you should contact.
Local Wakefield Lenders
Without further adieu, here's our list of small business banks in Wakefield.
Small Business Bank |
Recent SBA Loans |
Citizens Bank - Branch Offices- Wakefield |
|
First Trade Union Bank |
|
Newport Federal Savings Bank |
1 |
Newportfed |
|
Prudential Mortgage |
|
Sovereign Bank |
|
Washington Trust Company - South Kingstown |
|
Other Lending Resources for Wakefield Businesses
Be sure to speak with bankers outside of Wakefield, Rhode Island. These banks, in the table below, have lent to other Wakefield 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 |
Washington Tr Co - Westerly
Narragansett, RI |
2 |
Washington Tr Co - Westerly
Providence, RI |
7 |
Washington Tr Co - Westerly
Westerly, RI |
26 |
Washington Tr Co - Westerly
Wyoming, RI |
1 |
Bank Of America
Charlotte, NC |
3 |
Bank Of America
Providence, RI |
5 |
Bank Rhode Island
Providence, RI |
2 |
Banknewport
Newport, RI |
1 |
Capital One
Mclean, VA |
1 |
Cit Small Business Lending Corp
Livingston, NJ |
2 |
Coastway Cu
Cranston, RI |
5 |
Domestic Bank
Cranston, RI |
1 |
Home Loan Invest Bank F.s.b.
Warwick, RI |
2 |
Innovative Bank
Oakland, CA |
1 |
Rbs Citizens
Cranston, RI |
1 |
Rbs Citizens
Providence, RI |
58 |
Sovereign Bank
Providence, RI |
1 |
Sovereign Bank
Villanova, PA |
1 |
Sovereign Bank
Wyomissing, PA |
5 |
Textron Business Credit, Inc.
Providence, RI |
1 |
Westerly Community Cu
Westerly, RI |
2 |
Wakefield Bank Loan Tips
Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan is a time-consuming task.
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 meeting with 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.
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