In The Business 
of Helping Yours 
Grow. In The Business 
of Helping Yours 
Grow.

Business Lines of Credit

Keep your business moving

If your business is in need of funding for your daily operational needs such as financing accounts receivable or inventory, ask us about our secured lines of credit. They’re a great option for accessing cash in order to grow or expand your business without having to tap into your savings.

  • Convenient advances with a revolving line of credit
  • Monthly interest-only payments
  • Pay interest only on the line amount drawn

For more information, stop by your nearest branch, call 508.228.0580 or contact one of our Business Bankers directly.

Equipment Financing

Keep your business running

Having the right equipment is critical to running a successful business. Our business bankers will work with you to create a borrowing solution that’s right for your business and budget.

  • Competitive fixed or variable rate based on your entire relationship
  • Terms of three to seven years depending upon useful life of equipment

For more information, stop by your nearest branch, call 508.228.0580 or contact one of our Business Bankers directly.

Commercial Vehicle Financing

A loan to get your business from here to there

Finance your next commercial vehicle through Nantucket Bank.

  • Competitive fixed or variable rate based on your entire relationship
  • A variety of terms are available

For more information, stop by your nearest branch, call 508.228.0580 or contact one of our Business Bankers directly.

Commercial Real Estate

Purchase or refinance your next commercial property

Purchase or refinance owner-occupied or non-owner occupied commercial real estate through Nantucket Bank. Our experienced team of commercial real estate bankers know the commercial real estate landscape and can put together competitively priced loan packages with favorable terms.

  • Finance up to 80% of the property value
  • Terms of up to 10 years with longer amortization schedules
  • Fixed and variable rate loans

For more information, stop by your nearest branch, call 508.228.0580 or contact one of our Business Bankers directly.

SBA Loans

Grow your business with an SBA government-guaranteed loan

Nantucket Bank is committed to supporting the community and local economy. We offer SBA-guaranteed loans to help you expand your business.

SBA Express Loans

For businesses who need a quick decision, an SBA Express loan may be the right option.

  • 36-hour turnaround for SBA loan guarantee
  • Loans and lines of credit up to $350,000
  • Fixed or variable rates

 

SBA 7(a) Loans

SBA 7(a) loans are basic term loans designed for borrowers looking to start, acquire or expand a small business.

  • Can be used for a variety of purposes including purchasing real estate, financing equipment, working capital and more
  • Terms of 7 to 25 years, depending on the use
  • Loans and lines of credit up to $5 million

 

Certified Development Company/504 Loans

CDC/504 loans are long term, fixed-asset financing for equipment and real estate.

  • Can be used for purchasing land, property improvements, constructing/renovating new buildings, purchasing long-term equipment
  • Longer maturities
    • Equipment loan terms of up to 7 to 10 years
    • Commercial real estate loans of up to 10 and 20 years
  • Lower down payments

For more information, stop by your nearest branch, call 508.228.0580 or contact one of our Business Bankers directly.