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Whether you’re looking to finance the purchase of new equipment, expand your business, or take out a line of credit for short term financing, we have the products, services, and knowledge in place to provide you with a complete business banking solution. Equipment FinancingEquipment is critical to the success of your business. With our equipment financing products, you can keep your business efficient and successful. Apply Now! Term LoansLoan terms to five years are available for financing equipment, expanding operations or refinancing existing debt. We offer both fixed- and variable-rate programs to meet your particular needs. Apply Now! Small Business Administration (SBA) LoansSouth Shore Savings Bank participates in several SBA loan programs to assist small- to medium-sized businesses. Because a portion of this type of loan is guaranteed by the government, it can be a creative alternative to traditional commercial financing. Apply Now! Lines of CreditA line of credit provides your business with a revolving loan to meet short-term financing needs. Your business can borrow funds, repay the balance, and then borrow again as needed. A line of credit is well suited for purchasing seasonal inventory or supplementing receivables during slower periods. Your line of credit can also be linked to your Business Checking Account to serve as overdraft protection. Apply Now! Business Cash ReserveBusiness overdraft protection provides you and your business with a line of credit, should your account be overdrawn. Apply Now! For information on Commercial Lending, Real Estate and Construction Loans, click here. |
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