We wrote this article for for entrepreneurs in Lawrence, Massachusetts who are interested in getting a bank loan.
Borrowing money is one of the most common sources of funding for a small business, but getting small business financing requires a fair amount of work.
It's always a good idea to talk 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 better loan terms 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 the best small business financing available.
Remember, before contacting lenders, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.
To assist you in finding a small business banker, here's our list of small business banks in Lawrence.
| Small Business Bank |
Recent SBA Loans |
| Banknorth Massachusetts - Banking Centers |
|
| Citizens Bank |
|
| Lawrence Savings Bank |
|
| Riverbank |
1 |
| Sovereign Bank |
12 |
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