Business Lending

Financing That Moves Your Business Forward

Business Loans

Financing That Moves Your Business Forward

From working capital to equipment loans, we offer flexible options and fast, local decisions to keep your business on track for growth insurance.

Commercial Lending Application Personal Financial Statement

Business Financing Solutions

Term Loans

Term loans are your best bet for handling bigger business projects such as equipment purchases and expansions.

Loan Features

Fixed interest rates
Receive the entire loan amount upfront
Flexible repayment options
Financing for long-term or short-term business asset purchases such as vehicle, equipment & machinery, and other capital expenditures

Construction &
Commercial Mortgages

Construction and commercial mortgages are ideal for purchasing, renovating or refinancing your commercial property.

Loan Features

Construction Mortgages

Construction loans have up to a 24-month period for Construction
Interest only during the 24-month period
Converts into a permanent mortgage with fixed payments of principal and interest.
Funds are released upon completed work.

Commercial Mortgages

Fixed Rate Long Term financing
Amortizations up to 30 years based on Loan to Value.

Lines of Credit

Best for seasonal and cyclical working capital needs, as well as inventory purchases and receivable growth. Borrow for multiple uses, then pay back, and borrow again as needed.

Loan Features

Access only the amount of financing you need.
Make payments and incur interest only when you tap into the funds.
Ideal for short-term working capital needs.
Useful for cash flow gaps, inventory purchases, or short-term projects.

Need an account that works as hard as your loan?

Pair your financing with our business account solutions to help manage cash flow and stay in control of your finances.

Learn More

Empowering Local Business Growth

U.S. Small Business Administration

Savers Bank is authorized to process loan requests for your business under the SBA’s loan guarantee programs.

We Participate in the Small Business Banking Partnership

This state program directs deposits to qualifying Massachusetts community banks to promote small business loans. It helps local banks provide capital to creditworthy businesses, supporting growth, job creation, and expanded lending in our market area.

Primary Objectives

Promote small business growth by providing creditworthy enterprises with greater access to bank loans.
Provide capital support through cash deposits to banks with a strong record of small business lending.
Obtain competitive interest rates on the Commonwealth's deposits.
Require that all funds are insured or collateralized to ensure that there is no risk to the taxpayer's money.
To learn more about the Partnership, you may visit their website at www.mass.gov/small-business-banking-partnership