Commercial Loan Broker in New Haven, CT
Cedargrove Credit is a commercial loan broker in New Haven serving businesses across the metro area.
Cedargrove Credit is a commercial loan broker in New Haven serving businesses across the metro area.
A commercial loan broker connects your business with lenders who fund your deal. We don't lend our own money. Instead, we shop your file to banks, credit unions, alternative lenders, and SBA partners who compete for your business. That competition often means faster approvals and better structure than walking into a single bank branch on Chapel Street and hoping they say yes.
You submit one application. We handle the lender outreach, documentation prep, and follow-up. Most New Haven businesses save two to four weeks by using a broker instead of cold-calling lenders themselves.
Restaurants on Wooster Square looking to buy their building. Machine shops in Hamden financing a CNC retrofit. Retail landlords in Milford refinancing a strip plaza. Medical practices in North Haven expanding into a second suite. Any business that needs capital faster than a traditional bank timeline allows.
Commercial property loan brokers also help borrowers who've been turned down once. A "no" from Webster Bank doesn't mean every lender will decline. We know which underwriters approve mixed-use properties in East Haven's shore zone and which ones finance startups with two years of tax returns.
How it works
Call (475) 324-8340 or visit us at 129 Church St, New Haven, CT 06510. Bring recent financials, a brief summary of what you're buying or refinancing, and how much you need. We'll ask about revenue, time in business, credit profile, and collateral.
Within 48 hours we present lender options: SBA 7(a) loans for owner-occupied real estate, equipment financing for machinery or vehicles, working capital for inventory or payroll gaps, or a business line of credit if you need flexible access.
We submit your package to the lenders most likely to approve quickly. You pick the offer that fits. We coordinate closing. No broker fee comes out of your pocket at funding.
Connecticut requires commercial loan brokers to hold either a mortgage loan originator license (for real estate transactions) or operate under exemptions for pure business-purpose lending. Cedargrove Credit is licensed and maintains errors-and-omissions insurance. We follow federal TILA and state usury rules, though most commercial deals fall outside consumer-protection statutes.
You should verify any broker's standing with the Connecticut Department of Banking before sharing financial documents.
A food distributor in Westville needed $320,000 to replace refrigerated trucks before the summer wedding season. The owner called three banks; two required 90-day underwriting, one wanted a blanket lien on receivables. We matched them with an equipment lender who approved in eleven days, took only the trucks as collateral, and funded in time for June contracts. That speed-to-funding kept the business from losing deposits.
Learn more about our New Haven commercial lending services or explore our service areas across Greater New Haven.
Serving the New Haven area
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.
Common questions
Why New Haven owners trust Cedargrove Credit
Talk to a local advisor and get matched to the right program, no obligation.