How it works
SBA loans are commercial loans partially guaranteed by the U.S. Small Business Administration. The guarantee reduces lender risk, which translates into better terms for borrowers. You can use SBA 7(a) funds for working capital, inventory, equipment, or refinancing existing debt. The 504 program finances fixed assets like buildings and heavy machinery. Both programs require the borrower to have a stake in the business and a solid repayment plan.
SBA loans
Glastonbury sits along the Connecticut River with a mix of professional services, manufacturing, and retail clustered near Main Street and along Route 2. Many businesses here need capital to upgrade facilities, buy specialized equipment, or acquire real estate without draining reserves. SBA loans deliver that capital with terms that stretch ten to twenty-five years, depending on use. A machine shop near Addison Park might use a 7(a) loan to replace aging CNC equipment while a medical practice on Hebron Avenue could finance a building purchase through the 504 program.
We are a commercial loan broker in Glastonbury and across Hartford County, not a direct lender. That means we shop your file to multiple SBA-approved lenders, compare program fit, and walk you through documentation. We handle the paperwork and coordinate with the lender and SBA so you stay focused on running your business. Our office is at 20 Church St, Hartford, CT 06103, a short drive west on Interstate 84 from Glastonbury center.
For a complete overview of the SBA 7(a) and 504 programs, visit our main SBA loans page. To explore other financing options across the region, see our Hartford area hub.
A family-owned HVAC contractor based near Glastonbury Commons wanted to buy the building it had leased for fifteen years. The owner had strong cash flow but limited liquid reserves. We brokered an SBA 504 loan that covered the purchase with a manageable down payment, preserving working capital for seasonal inventory and payroll.
Common questions
Why Hartford owners trust Glenwood Lending
Talk to a local advisor and get matched to the right program, no obligation.