Lending support, guidance and the funds to help you grow.
At Chelsea Groton, we take the time to understand your business' needs and goals and develop a collaborative partnership. Our commercial lenders can provide you the guidance, support and service, as well as the following products, which could strengthen your business for years to come:
- Lines of Credit – Revolving line of credit used for seasonal and other short-term working capital needs
- Term Loans – Financing used for the purchase of business automobiles, equipment and machinery, acquisition or expansion of business, leasehold improvements and permanent working capital
- Real Estate Mortgages – Financing to fund construction, acquisition and refinancing of commercial real estate property
- Asset-Based Lines of Credit – Specialized product typically used by businesses that have the majority of their assets in accounts receivable (A/R) and inventory
- Small Business Administration (SBA) Lending – We are able to offer a wide range of SBA financing programs, such as 7(a) and 504, to help small businesses start and grow their operations.
- Visa® Business Credit Cards – Offers the flexibility to separate business from personal expenses, access to free spending reports and the purchasing power you need to manage your business.
Introducing some big ideas in small business loan products.
We recognize that our small business customers have a unique reliance on branch services and that many have borrowing needs. In response, we’ve developed two new small business loan products available now through our branch managers. To learn more, speak with one of our branch managers
today or call 860-448-4200.