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Commercial loans

Commercial loans

Commercial Loans

We help your business grow.

As one of the premier commercial lenders on the North Shore, we can handle your complete financing needs, whether it’s $4 million or $40 million. We offer a variety of fixed and adjustable rate financing options for you to purchase real estate and materials, refinance debt or finance account receivables. What's more, our local
decision-making allows our experienced lenders to respond quickly.

Check out this short video highlighting our customer Nutre' of Peabody, MA who has developed a fantastic healthy food delivery business.  We were happy to help them further them expansion dream!

Nutre video



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For purchasing and refinancing existing commercial real estate including residential multi-family and mixed-use property, office buildings, flex space and retail complexes; construction and development of industrial and residential property. Long-term fixed and adjustable rate options are available.

For equipment and vehicle purchases, leasehold improvements and business-expansion financing. Repayment terms are typically tied to the depreciable life of the assets being financed.

Available to provide cash flow for short-term working capital needs at a variable interest rate.

Partnering with the U.S. Small Business Administration (SBA), we provide credit enhancements for small businesses through a variety of programs, including the 7(a) guarantee program and SBA Express Loans. Also available are direct SBA loans through the 504 lending program; these loans are made in conjunction with conventional bank financing to acquire real estate and certain business equipment.

DAVID E. BOUDREAU
Senior Vice President/Senior Lender
978-225-1393

Senior Vice President/Lender
978-225-1352

DAVID DOUCETTE

Vice President/Lender
978-225-1344

Vice President/Lender
978-312-6810

Vice President/Lender
978-309-1235

Vice President/Lender
978-312-6816