We wrote this article for for small business proprietors in Billerica, Massachusetts who are interested in getting debt financing.
It's only a matter of time.
"I need cash for my business!" you'll think to yourself.
Maybe you need a $40,000 small business loan to get through a slow period. Perhaps you need a $250,000 business loan to buy an office building.
It's time to sit down with a small business lender in Billerica.
Sure, there are other sources of small business funding: borrowing family money, angel investors,
and receivables factoring, to name a few.
But, at the end of the day, securing a loan from a bank is often the better tactic for a small business to secure capital to fund growth plans.
To help you learn more about local small business lenders, here's our list of small business banks in Billerica.
| Small Business Bank |
Recent SBA Loans |
| Boston Federal Savings Bank - Branch Offices |
|
| Enterprise Bank & Trust |
4 |
| Enterprise Bank and Trust Company - Branch |
|
| Lowell Five Cent Savings Bank - Branch Ofcs- Billerica |
|
| Northern Bank & Trust Company |
|
| Sovereign Bank |
|
Banks outside of Billerica will often lend to entrepreneurs in Billerica, MA. Here's a list of out-of-area banks that have recently made loans to Billerica entrepreneurs. Some of these banks may have local branches but underwrite the loans from an out-of-state banking location.
| Small Business Bank |
Recent SBA Loans |
Bank Of America
Providence, RI |
1 |
Capital One
Mclean, VA |
3 |
Danversbank
Danvers, MA |
1 |
Eastern Bank
Boston, MA |
1 |
Enterprise Bank & Trust
Lowell, MA |
5 |
Independence Bank
East Greenwich, RI |
2 |
North Middlesex Savings Bank
Ayer, MA |
1 |
Ocean Bank
Manchester, NH |
1 |
Ocean Bank
Portsmouth, NH |
1 |
Progressive Cu
New York City, NY |
1 |
Rbs Citizens
Providence, RI |
3 |
Sovereign Bank
Villanova, PA |
3 |
Td Banknorth
Portland, ME |
1 |
More Advice on Raising Money
If you are serious about Raising
Money, you need to learn as much as you can. If you haven't read it
already, we recommend you review
Getting a Small Business Loan.
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