Our article is a result of dedicated investigation into small business financing options in Connecticut, grounded in data that can be independently confirmed. The lenders are ranked by the volume of small business loans they've disbursed within the current year.
Essentially, we're spotlighting the financial institutions and lending bodies that are actively lending the most to small business within the state.
(This contrasts with numerous other sites, which often limit their discussions to non-profit organizations seldom engaging in lending or to governmental initiatives that remain out of reach for a majority of businesses!)
Takeaway: Regional banks do the majority of small business lending in Connecticut.
Methodology: This analysis utilizes data from SBA 7a loans, ensuring each lender mentioned provides SBA loan options. Additionally, we've detailed various other small business loan opportunities featured on their official sites.
Given that conventional banking institutions often stipulate a need for robust credit scores and at least two years of business operations, our guide begins with two alternative lending solutions aimed at assisting small business owners facing challenges with creditworthiness or those who are relatively new to the business scene.
