At South Shore Bank, we have the loan options for all your commercial lending needs — and a team of local, knowledgeable commercial lending experts to guide you every step of the way. With flexible products, tailor-made terms as well as competitive rates, we can custom-fit solutions for your business. Plus, local-decision making means faster turn around.
Equipment is critical to the success of your small business. With our equipment financing products, you can keep your business efficient and successful.
Small business loan terms to five years are available for financing equipment, expanding operations or refinancing existing debt. We offer both fixed- and variable-rate programs to meet your particular needs.
Lines of Credit
A line of credit provides your small business with a revolving loan to meet short-term financing needs. Your business can borrow funds, repay the balance, and then borrow again as needed. A line of credit is well suited for purchasing seasonal inventory or supplementing receivables during slower periods. Your line can also be linked to your Business Checking Account to serve as overdraft protection.
Business Cash Reserve
Business overdraft protection provides you and your business with a line of credit, should your account be overdrawn.