About Cedargrove Credit, New Haven Commercial Loan Brokers
Answer: Cedargrove Credit is a licensed commercial loan broker serving New Haven and nearby Connecticut communities.
Answer: Cedargrove Credit is a licensed commercial loan broker serving New Haven and nearby Connecticut communities.
About Cedargrove Credit
We know which lenders fund which kinds of New Haven businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Most New Haven business owners start their funding search at a Chapel Street branch or their hometown bank in Hamden or Milford. That's one option. One set of underwriting rules. One answer.
A commercial loan broker works differently. We submit your file to multiple lenders at once, regional banks, credit unions, alternative lenders, SBA-preferred partners. You get options. We know which lender will say yes to a machine shop in the Annex, which one finances restaurants on Wooster Square, and which one moves fastest when a contractor in North Haven needs equipment before the next job starts.
Speed matters. The broker model compresses what used to take weeks of phone calls into days. We handle the paperwork, translate lender requirements, and push files through underwriting while you keep your crew working.
Answer: Brokers give you access to dozens of funding sources through one application. We match your situation to the lenders most likely to approve, then negotiate terms and manage the process so you close faster than shopping bank to bank on your own.
Cedargrove Credit operates from 129 Church St in downtown New Haven. We know the difference between a seasonal spike at a Branford marina and a cash-flow problem. We understand why a West Haven retailer might need invoice factoring before the holiday quarter, and why an Ansonia manufacturer wants a line of credit instead of a term loan.
New Haven's business mix is specific. You've got Yale-adjacent service companies, legacy manufacturers along the Quinnipiac, retail clusters in Westville and East Rock, and a growing restaurant scene from Wooster Square to State Street. Lenders outside Connecticut don't always understand that context. We do, and we frame your application so underwriters see the opportunity, not just the risk.
We also know the corridors. A trucking company in North Branford has different real-estate options than a logistics firm in Woodbridge. A bakery expanding on Grand Avenue faces different lease terms than one in a Bethany strip center. Details matter when you're asking someone to write a check.
Loan programs
Cedargrove Credit brokers SBA 7(a) loans, working capital, equipment financing, commercial real estate loans, business lines of credit, invoice factoring, and other structures. We don't earn more for steering you toward one product. Our job is to match your timeline, collateral, and credit profile to the program that funds fastest and fits your actual need.
A contractor buying a excavator doesn't need an SBA loan with a 60-day close. He needs equipment financing that approves in a week. A software startup with $200,000 in outstanding invoices doesn't need a term loan. She needs factoring that converts receivables to cash by Friday.
We ask what you're funding, when you need it, and what you're willing to pledge. Then we build the file and send it where it belongs. Visit our Service Areas page to see the towns we cover, or check the City Hub for program details.
We work with established businesses that need capital to grow, survive a rough quarter, or jump on an opportunity. Retailers. Manufacturers. Contractors. Restaurants. Logistics companies. Professional-services firms. Seasonal operations that need bridge funding between revenue cycles.
We also help owners who've been turned down elsewhere. Maybe your credit score isn't perfect. Maybe your industry makes traditional banks nervous. Maybe you're buying a building and need a commercial real estate loan structured around future rent rolls instead of last year's tax return. Brokers have more tools than banks do.
We don't work miracles. If your financials won't support debt, we'll tell you. But if there's a lender willing to look past a rough patch or a non-standard situation, we'll find them.
Speed depends on the program and your paperwork. Invoice factoring can close in 48 hours if your invoices are clean. Equipment financing often approves within a week. Working capital and lines of credit typically take one to three weeks. SBA 7(a) loans and commercial real estate transactions run longer, four to eight weeks is normal, because the underwriting is more detailed.
We can't make an SBA loan close overnight. But we can keep your file moving, answer underwriter questions same-day, and make sure nothing stalls because a form sat in someone's inbox. That's the speed advantage of working with business funding advisors in New Haven who do this all day.
Reach us at (475) 324-8340 or visit 129 Church St, New Haven, CT 06510 to start a conversation. No email, call or walk in.
We don't bury you in jargon. We don't sell products you don't need. We don't promise rates or terms we can't deliver.
We answer the phone. We tell you what's realistic. We move your file as fast as the underwriters allow, and we stay in touch until the wire hits your account. That's the standard for a local loan broker in CT, and that's what you'll get here.
For more detail on our approach, visit our Contact page.
Common questions
Why New Haven owners trust Cedargrove Credit
Talk to a local advisor and get matched to the right program, no obligation.