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  Elizabeth Financial Center Closing
Our Elizabeth Financial Center will be closed Saturday, April 13th, Monday, April 15th and Tuesday, April 16th due to Financial Center repairs. This location will reopen on Wednesday, April 17th. Read More

For your convenience, please visit one of the following full-service locations during this time:

Union Financial Center
1350 Galloping Hill Rd.
Union, NJ 07083
908-289-1770

Cranford Financial Center
213 South Avenue
Cranford, NJ 07016
908-653-1720

Account information can also be accessed 24/7 through our online banking, mobile banking and telephone banking platforms. We apologize for the inconvenience.

BusinessEdge® Line of Credit

Prime Minus

Prime Minus

Tailored solutions to keep your business moving forward.

We know timely financing can be critical to the success of your business. Our BusinessEdge® Express Line of Credit gives you access to liquid capital fast. It’s perfect for businesses that need to manage seasonal cash flow, expand buying power, or require working capital to take advantage of opportunities for growth.

You’ll enjoy benefits like:

  • Loans up to $300,000
  • Competitive Variable Interest Rate
  • Interest-Only Payments
  • Streamlined Annual Renewal Process
  • Local Decision Making
  • Simplified Application
  • Fast Approval Turnarounds

Take advantage of our limited time offer to enjoy a special rate of Prime Minus 1.00% with No Closing Fee ($500 Savings)!

We think good business bankers should also be good business partners.

Relationship banking is our commitment to you. Working with you, we build a customer experience that is second to none. From helping to capitalize on opportunities to streamlining operations to maximizing your earnings, we tailor our suite of business banking services to meet your unique needs. Our full suite of services includes:

Prime Minus

Open a BusinessEdge® Line of Credit Today

Visit your local Financial Center, or call us at 1-800-363-8115.

*BusinessEdge Express Line of Credit is a variable rate line. This promotion is for new loans only. Refinances are not eligible. Rates and terms are subject to change without notice. All loans are subject to credit approval. Line of Credit rate is based on the total non-interest deposit account relationship of the borrower(s) and guarantor(s) as well as the current Prime Rate as published in the Wall Street Journal. Rates as low as Prime Minus 1% with a Floor Rate of 7.50%. As of 7/26/2023 the Prime Rate was 8.50%, resulting in a promotional rate of 7.50%. There is a standard $500 Closing Fee on all BusinessEdge Lines of Credit, which will be waived for any recipient of this direct mail piece that closes a new BusinessEdge Line of Credit, within the promotional window. With this waiver, there is no Closing Fee for qualified applicants. Upon annual renewal of Line of Credit, the variable rate will be adjusted to reflect standard pricing in relation to total non-interest deposits. Standard rates range from Wall Street Prime to Wall Street Prime plus 300bps. An active primary business operating checking account with Spencer is required to receive this promotional rate. Offer is valid for applications received through November 30, 2023. This postcard must be presented at the time of application. Offer may be withdrawn at any time. Available to business entities that are physically located or licensed with the appropriate NJ or PA state or local governmental authority and operating with significant activities in NJ (“New Jersey Business”), or Bucks County, PA. This offer is only valid for 60 days from the date of receipt of this postcard. This postcard must be presented at the time of account opening.