Business Loans & Credit Services

We know that convenient access to reliable business financing is critical to your success. Our competitive loan rates and terms offer you maximum flexibility. As your business banker, we’ll work with you to help determine your needs and create financing solutions. Whether you are a sole proprietor or the CEO of a growing corporation, you’ll be supported by experienced banking professionals who take personal responsibility for serving you and your company. That kind of attention makes a big difference.

Commercial Real Estate Construction and Permanent Loans
Real estate loans are available to finance the purchase, renovation or construction of owner-occupied and investor-owned commercial or residential properties. We have a unique expertise in financing residential real estate construction. Our rates are competitive and your business banker will work closely with you to ensure that the entire process goes smoothly.

Equipment Financing
Need new equipment in order to grow and stay ahead of the competition? North Shore Bank can provide the financing to make it happen. Whether it’s updating your computer system or purchasing commercial vehicles or equipment, we can finance it with payment terms designed to work within your budget.

Lines of Credit
A line of credit is the perfect way to manage your company’s short-term funding needs. Use it for seasonal cash flow or for business expansion. Approval is quick and easy, and it’s comforting to know your credit line is there when you need it.

SBA Loans
As an Approved Small Business Administration (SBA) Lender, North Shore Bank can help you obtain an SBA loan to get started, or to help your business grow. SBA loans are available for eligible borrowers, and can be used for a variety of purposes, including:

• Commercial real estate acquisition, renovation or expansion
• Equipment or inventory purchases
• Business debt refinancing
• Working capital

Plus, because we are an approved SBAExpress Lender you’ll receive an answer more quickly on loans and lines of credit than with other SBA lenders.

Term Loans
When you need funds to help grow your business, we can help, whether it’s for capital improvements or equipment, refinancing existing debt, or working capital. Term loans are flexible and can cover a wide range of borrowing needs.

Condo Association Loans
Our lenders have extensive experience in condominium association financing to help with all types of repair and maintenance projects.

Letters of Credit
As your business banker, North Shore Bank is ready and willing to stand behind you with a letter of credit if you need one – and we’re always available to discuss your credit needs.

Ready for a bank that makes your business a priority?
For a confidential discussion of your business banking needs, please use our Information Request Form. For business lending services call Jerry Salerno at (978) 538-7065, and for commercial real estate financing and construction loans call Peter Fenn (978) 538-7722.