Commercial Mortgages
A wide variety of flexible commercial real estate loans are available to assist you in building your business. Whether you are preparing for the acquisition or construction of a new building, to expand your existing facility, or to refinance your existing mortgage loan, we can provide a custom tailored loan to accommodate your plans. Financing is also available to assist with land acquisitions and residential land development.
For more information, call us at 855.527.4111, contact one of our Business Lenders or visit any one of our convenient locations.
To facilitate the lending process, you may print and complete the following documents and bring them with you when you meet with one of our Commercial Lending Professionals.
Business Line of Credit
Ideal for short-term borrowing needs, a Business Line of Credit gives you the cash you need quickly and easily. Funds can help your operation maintain working capital, acquire inventory, or provide funding for accounts receivable. With a Line of Credit in place, your business can rely on convenient, instant access to funding when you need it most. Fund transfers from, and payments to, your credit line can be initiated through Online Business Banking.
For more information, call us at 855.527.4111, contact one of ourBusiness Lenders or visit any one of our convenient locations.
To facilitate the lending process, you may print and complete the following documents and bring them with you when you meet with one of our Commercial Lending Professionals.
Business Term Loans
Business Term Loans are designed to provide funds to purchase machinery or equipment, finance business expansions or acquisitions, or refinance existing debt. Loans are available in a variety of term options, including fixed rates and level payments, which can be structured to meet your specific financing needs.
For more information, call us at 855.527.4111, contact one of our Business Lenders or visit any one of our convenient locations.
To facilitate the lending process, you may print and complete the following documents and bring them with you when you meet with one of our Commercial Lending Professionals.
Small Business Partnership
We are proud to participate in the Massachusetts State Treasurer's Small Business Partnership program, an initiative that deposits state reserve funds into qualifying community banks for new loans for small, credit-worthy businesses. As a certified lender, we use the money to encourage economic growth and to help create new jobs in Massachusetts. Under this program, we are offering small business loans up to $1 MM to qualified borrowers.
For more information, call us at 855.527.4111, contact one of ourBusiness Lenders or visit any one of our convenient locations.
To facilitate the lending process, you may print and complete the following documents and bring them with you when you meet with one of our Commercial Lending Professionals.
SBA Loans
Whether you are just starting out or looking to grow your business, new opportunities can be affordable with the help of SBA (Small Business Administration) loan programs. Our Preferred Lender status allows us to approve loans and lines of credit on behalf of the SBA, therefore streamlining the process to save you time and money. These small business loans are guaranteed through the SBA.
- SBA 7(a) - Borrow for business expansion, acquisition, purchase of fixed assets and debt consolidation.
- SBA 504 - For companies looking to acquire, improve owner-occupied real estate or purchase machinery and equipment.
- SBA Lines of Credit - Perfect for when you need a line of credit for everyday business expenses.
- Purchase/refinance real estate
- Expand operations
- Purchase equipment
- Purchase inventory
- Increase working capital to manage day-to-day operations
- Refinance existing debt with better terms
The Small Business Association (SBA) Preferred Lender Program (PLP) includes many of the nation’s largest lenders who do high volumes of SBA lending.
As a Preferred lender, bankESB can:
- Use a streamlined paperwork process with delegated authority to approve loans in order to expedite the loan approval process for you
- Expedite the credit approval process to get your funds faster
- Get you competitive rates and terms
