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Commercial Credit Lines

You have established your business and now you want to borrow against it to supplement internal cash needs.

What it offers:

 

  • No application fee or annual fee
  • A revolving line of credit that you can access by check so you don't have to apply each time you need a loan
  • Establishes a cash reserve based on your company's needs and resources
  • Line available from $25,000 to $1,000,000
  • Available on a secured and unsecured basis, subject to qualifications
  • Payments of principal and interest make paying off your loan quicker
  • Lender response to your application within 48 hours or less
  • Available for businesses located in Massachusetts

 

Terms:

 

1 to 5 year terms - negotiable

 

Rates:

 

For current interest rates for commercial term loans, please contact a Commercial Loan Officer.

Our business financing options are underwritten and serviced by EBSB. Each offers competitive rates, and in many instances you will have an approval response within 48 hours. If you have any questions about East Boston Savings Bank's commercial loans or services, please consult one of our Commercial Lending Officers by calling (800) 657-3272, or click "Contact Us" to e:mail our Commercial Lending Division.


Member FDIC. Member DIF. Equal Housing Lender. Equal Opportunity Lender.

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