Small Business Loan Program

Your Small Business Is An Integral Part Of The Community, And We Are Committed To Helping You And Your Business Thrive.

How Much Can My Business Borrow?
SBLP loan amounts are typically between $25,000 and $250,000.

What Are The Types Of Loans Available?

• Term Loan
• Vehicle Loan
• Equipment Loan
• Revolving Line of Credit

Note: Real estate secured loans are ineligible under this program. We offer other commercial lending solutions. 

What Are The Next Steps?
• Complete our Loan Application
• Provide 3 Years of Business & Personal Tax Returns
• Demonstrate 3 Years in business, showing profitable cash flow
• Business owners with 20% or more ownership are required to guarantee the loan
• BSSB Business Checking Account for life of loan
• Automatic Loan Payment

Decisions are made within 10 business days, subject to receipt of completed application and credit approval.

Apply Today! Contact Cheryl Begin at (508) 890-9043 or  cbegin@baystatesavings.com.