No matter where your business is headed, Spencer Savings Bank offers a variety of financing options designed to keep your momentum going. Whether you need quick access to working capital or long-term funding for growth, we’re here to help.
Small Business Line of Credit
Flexible financing options design to manage your seasonal cashflow and expand your buying power.
- Express Lines – Amounts Up To $100,000
- Traditional Lines – $100,001 – $500,000
- Competitive Variable Interest Rates
Small Business Term Loan
Ideal for long-term investments or purchases of critical machinery and equipment for your business.
- Loan Amounts up to $1 Million
- Fixed Monthly Payments
- Terms up to 5 Years
Owner-Occupied Commercial Mortgage
Finance or refinance your business’s property. These mortgages are designed for office buildings, manufacturing facilities/warehouses that are accompanied by tenanted space.
- Loan Amounts up to $1.5 Million
- Purchases or Refinances
- Fixed Terms up to 15 Years
Cash Reserve
Protect your business from overdraft fees and disruptions and boost your short-term purchasing power.
- Loan Amounts From $2,000 – $25,000
- Monthly Interest and Principal Payments
- Great for Short Term Buying Power
Let’s Talk About Your Business Goals
Whether you’re just getting started or planning your next phase of growth, our experienced lending team is ready to help. Contact us today!
Sergio Musacchio
SVP, Director of Commercial & Industrial Lending and Small Business Finance
smusacchio@spencersavings.com
1-201-703-3827