Commercial Loans
Our experienced team of Commercial Loan Officers can tailor a package of banking products to suit your specific needs and help you obtain your business' goals. All of our commercial financing options are underwritten and serviced in-house by EBSB.
Commercial Real Estate Loans
Purchase commercial, retail, industrial, office, apartments and mixed-use property for development purposes or relocate a business.
- No application fee
- Mortgage rates tied to Treasury or Federal Home Loan Bank indices
- 3, 5 or 7 year adjustable rate programs available
- LTV up to 80%
- Various point options available
- Up to 30 year amortization available
Loan limits:
$25,000 - $15,000,000 Commercial
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Construction Loans
For building or renovating commercial real estate including retail, industrial, office, apartments and mixed-use property, or develop a residential subdivision.
- No application fee Mortgage rates tied to Treasury or Federal Home Loan Bank indices
- Construction to permanent financing available
- LTV up to 80%
- Various point options to choose from
- Terms vary depending on project
Loan limits:
$25,000 - $15,000,000
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Commercial Term Loans
Used to fund major expenditures that are essential for your current operations and/or future expansion and growth of your business.
- No application fee
- Fixed and Adjustable Rate programs available with flexible terms
- Payment terms designed to coincide with your cash flow
- Available on a secured basis, subject to qualifications
- Various point options to choose from
- 1 - 10 year terms available
- Approved SBA preferred lender
Loan limits:
Up to $500,000
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Commercial Lines of Credit
Enables you to borrow against your business to supplement internal cash needs.
- No application fee
- Revolving line of credit that you can access by check
- Establishes a cash reserve based on your company's needs and resources
- Interest rate is based on the Prime Rate as published in The Wall Street Journal on the last business day of the month.
Line limit:
$25,000 to $1,000,000
Contact us Each commercial financing program offers competitive rates and are underwritten and serviced by East Boston Savings Bank. For current rates on our various programs call 800-657-3272 to contact a Commercial Loan Officer in your area.
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Business Banking
