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Commercial Real Estate Loans Business Term Loans Business Lines of Credit Government-Assisted Loans Letter of Credit

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Business Loans1

For when your business needs a little extra help

Loans for Small, Medium and Large Businesses

At Salem Co-op, we know that local businesses are the building blocks of our community. This is why so many companies count on us to help meet financing needs. We provide competitive and customized lending solutions, exemplary personal customer service and timely, local decision making.

All business loans and lines of credit are subject to credit approval.

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Commercial Real Estate Loans

If your business plan involves purchasing or refinancing property or financing new construction, our commercial real estate solutions may be the perfect fit.

  • Competitive rates
  • May be owner or non-owner occupied
  • Flexible terms

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Business Term Loans

Expand your capital budget for purchasing equipment, vehicles, business expansion or business acquisitions.

  • Competitive fixed or variable interest rates
  • Flexible repayment options

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Business Lines of Credit

Have liquidity available for working capital to purchase inventory, manage fluctuating cash flow requirements, take advantage of unexpected opportunities or address other short-term financing needs.

  • Competitive rates
  • Flexible repayment options

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Government-Assisted Loans

We work with the US Small Business Administration, the New Hampshire Business Finance Authority and Massachusetts Capital Access Program to offer our business customers a variety of loan solutions—ideal for start-ups and businesses currently experiencing growth.

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Letter of Credit

A Letter of Credit is a letter issued by the bank guaranteeing payment due to a third party under defined conditions.

If You Need a Loan for Your Business, We’re Here to Help

Give us a call today to discuss your financing options. Together we will customize financing solutions for your business needs.

CONTACT US

1All business loans and lines of credit are subject to credit approval

Additional Resources

 

Important Information About Opening Accounts
Business Deposit Rates and Fees