SBA Loans in Groton, CT
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
StartCap specializes in SBA loans in Groton, CT, offering competitive options to help your small business thrive. With our guidance and financial expertise, you can focus on what matters—growing your business. Start today with StartCap.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Groton SBA Loans
StartCap is dedicated to helping businesses in New London County grow and succeed. Our flexible financing options are designed to provide the support and resources needed to help you achieve your goals, no matter the challenge.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Groton or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Groton, CT
For entrepreneurs in Groton and nearby cities, personalized financial solutions are available to help you succeed. Our flexible support is designed to meet your unique business needs. From New London to Storrs and beyond, we're your credit line specialists.
SBA Loan FAQ's
Groton, CT harbors a dynamic business ecosystem along the Thames River, where local founders seek strategic financial support for growth. Small business owners exploring SBA loan opportunities find multiple resources tailored to regional economic development strategies.
Securing capital requires understanding local lending landscapes and matching business needs with appropriate financial products. Small business financing through SBA programs offers flexible funding options for equipment purchases, working capital, and commercial real estate investments.
Here are a few local suggestions:- Chelsea Groton Bank at Thames Street & Gold Star Highway
- Mystic River Credit Union at Route 1 & Pleasant Street
- Norwich Savings Bank at Route 12 & Washington Street
- New London County Bank at Route 85 & Route 184
- Ledyard National Bank at Colonel Ledyard Highway
- Eastern Connecticut Savings Bank at Bridge Street
Interest rates for SBA loans in Groton, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Groton, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
In Groton, CT, small business owners can access SBA loan programs through various local financial institutions. Qualifying businesses include manufacturing, professional services, retail establishments, maritime-related enterprises, and contractors serving the New London County region.
Local founders in sectors like marine technology, defense support services, and small-scale manufacturing near Naval Submarine Base New London may benefit from specific SBA loan options. Restaurants, healthcare providers, and service-based businesses such as plumbing and electrical contractors often meet standard SBA lending criteria.
