Small Business Loans Bangor ME

Local resource for applying for a small business loan in Bangor. Includes detailed information on local businesses that provide access to loan officers who guide you through obtaining small business loans such as guaranteed government loans, direct bank loans, private entity loans, SBA-backed loans as well as equity financing and bonding programs and will help you create a business plan.

Pine Tree Mortgage
(207) 990-4752
676 Broadway
Bangor, ME
 
Fidelity Mortgage
(207) 942-0080
15 Columbia St Ste 101
Bangor, ME
 
Bangor Savings Bank
(207) 942-5211
3 State St
Bangor, ME
 
Camden National Bank
(207) 942-5263
145 Exchange St
Bangor, ME
 
Downeast Credit Union
(207) 990-5444
24 Springer Dr
Bangor, ME
 
Merrill Bank
(207) 942-4800
201 Main St
Bangor, ME
 
M A C Financial
(207) 945-3530
992 Union St
Bangor, ME
 
Eastern Maine Medical Center Federal Credit Union
(207) 945-3632
849 Stillwater Ave
Bangor, ME
 
Keybank
(207) 945-0600
23 Water St
Bangor, ME
 
Katahdin Trust Company
(207) 941-6762
12 Stillwater Ave Ste 5
Bangor, ME
 

Small Business Loan

A small business loan can come in many forms. You can get an SBA-backed loan, a direct bank loan, a private entity loan or a guaranteed government loan to fun your needs. One thing is certain - the loan office you deal with will want to see your small business plan. Don’t even think about applying for a small business loan without one.

Your business plan is the physical representation of your existing business or start up idea on paper. It can also be the difference between acceptance and denial from the loan officer on your loan application. A solid small business plan can help you get a loan regardless of the source, and there are many benefits to getting other than a private entity loan, particularly when you take advantage of financial services and business tips available from the Small Business Administration.

While you could go with a direct bank loan, a guaranteed government loan or a loan from family, friends or a private investor on your own don’t rule out an SBA-backed loan. The Small Business Administration loan program helps finances small businesses although they do not directly offer monetary lending. Instead, when you apply for an SBA-backed loan you are asking the Small Business Administration to guarantee you will pay back your loan. Having them behind you gives your business validation and the SBA has a wealth of tools to help you get to the point where they will back your application with your local bank or credit union.

Home | About | Contact | Register Your Company