Medical Practice Banking
When was the last time your practice had a business banking check up?
Get a Financial Exam with the Medical Banking Specialists at South Shore Bank.
When it comes to business banking services tailored for medical practices - South Shore Bank is the specialist. Whether you're solo, in a group or part of a hospital, we provide everything you need for a healthier practice.
- Medical Practice Line of Credit at Prime*** minus 1% APR* for the first 12 months
- Medical Term Loans to purchase equipment as low as 3.49% APR** for 3 years
- 100% Financing on Medical Term Loans to purchase equipment, with competitive rates and terms of up to 10 years
- Free remote deposit capture with a Platinum Business Checking Account
- Simple, streamlined application process
Have questions? Need more information?
Contact our Commercial Banking Group through our Business Contact Us Form or call us at (781) 682-3240.
*Annual Percentage Rate (APR) effective as of December 17, 2015 on qualified lines of credit up to $500,000 and is subject to change without notice. Qualified applicants receive a variable interest rate for the first 12 months based on South Shore Bank Prime Rate minus 1% with automatic deduction from a South Shore Bank business checking account. After the first anniversary date of the credit facility, the interest rate for all continuing lines of credit under this promotion will be based on South Shore Bank Prime Rate plus a margin set forth in the note you will sign in favor of South Shore Bank to evidence the credit facility. **Annual Percentage Rate (APR) effective as of December 17, 2015 for qualified loans up to $500,000 and is subject to change without notice. APR is based on a three-year term. These rates are for new loans only. Operating account is to be maintained by South Shore Bank. Medical practice needs to be in business for a minimum of 3 years. Certain restrictions apply. Subject to credit approval. Offer may be withdrawn at any time without notice. Please call for more information. ***South Shore Bank's Prime Rate is based on the daily Wall Street Journal (WSJ) offering (the index). South Shore Bank may price loans to its customers at, above, or below the WSJ Prime Rate.