FDIC-Insured – Backed by the full faith and credit of the U.S. GovernmentCommercial Loans
Need money for your business? That’s what this page is for.
Here are the types of commercial loans we offer.
We specialize in lending to small- and medium-sized businesses. So much so that we’re an approved SBA lender, which means we can help you get financing on a commercial loan you may not be able to get somewhere else. See if our lending capabilities match what you need.
Commercial Mortgage Loans
Purchase or refinance a commercial building or other real estate property.
Land Development Loans
Be it small or large, get the financing you need for your next development project.
Business Term Loans
Use the funds for big purchases like vehicles, equipment or machinery for your business.
Working Capital Lines of Credit
As your cash flow needs change, you can use this line of credit to cover your operating costs.
Letters of Credit
Have it guaranteed that payment on a deal will be made whether you’re the buyer or seller.
BusinessManager®
Use invoices as collateral to receive cash quickly at the interval of your choosing.
Condo Association Loans
Repair or renovate your property using a loan customized for property managers and community associations.
Additional Services
We also offer IOLTAs for attorneys and law firms as well as financial solutions for dental practices.
Recent commercial loan deals
BUSINESS ACQUISITION FUNDING
| Industry | Location | Investment | Commercial Loan Product | Loan Officer |
|---|---|---|---|---|
| Service Business | Leominster | $620,000 | SBA-7A Term Loan | Tom Allain |
| Sports Apparel | Northboro | $475,000 | SBA-7A Term Loan | Tom Allain |
| Recreation Facility | Andover | $950,000 | SBA-7A Term Loan | Bob Williamson |
BUSINESS EXPANSION FUNDING
| Industry | Location | Investment | Commercial Loan Product | Loan Officer |
|---|---|---|---|---|
| Food Service | Ashland | $694,000 | SBA-7A Term Loan | Steve McAndrew |
| Tech | Woburn | $1,500,000 | Line of Credit | Joe Sova |
| Automotive | Westport | $2,000,000 | Line of Credit | Steve McAndrew |
COMMERCIAL REAL ESTATE
| Location | Investment | Purpose | Loan Officer |
|---|---|---|---|
| Hudson | $730,000 | Purchase | Maureen Marshall |
Our lenders’ contact information
| Name | Phone Number | |
|---|---|---|
| Joe Sova | 978-567-3669 | [email protected] |
| Tom Allain | 978-567-3647 | [email protected] |
| Avnish Puri | 978-567-3697 | [email protected] |
| Tina Ramsey | 978-567-3678 | [email protected] |
| Maureen Marshall | 978-567-3575 | [email protected] |
| Ronald Fraser | 774-760-1212 | [email protected] |
| Steve McAndrew | 978-567-3506 | [email protected] |
| Bob Williamson | 978-567-3677 | [email protected] |
| Daniel L. Provencher | 978-567-3542 | [email protected] |
| Andrew Miller | 774-760-1252 | [email protected] |
| Lisa Allegro | 774-760-1228 | [email protected] |
*Inquiries are limited to the following states: Massachusetts, New Hampshire, Vermont, Maine, Connecticut and Rhode Island.