Grow your business with access to competitive business loans and programs with flexible terms. Most importantly, at Main Street Bank, you have a direct connection to a team of professionals with in-depth knowledge that will help tailor a solution that makes sense for your business.
Term Loans
Short- or long-term loans to fit your needs. Finance equipment, major purchases, business expansion or long-term working capital needs. Our commercial lending and credit teams will work with you to find a flexible term that fits into your business strategy and provides a predictable monthly payment with a term that matches the life of the asset being financed.
Contact a Business Lender Express Online Application
Lines of Credit
A line of credit loan provides the financing power needed to take advantage of business opportunities, fund short-term working capital needs or to have funds available for emergencies.
Contact a Business Lender Express Online Application
Commercial Real Estate Loans
We offer a variety of mortgage loans for acquiring or refinancing commercial property. Commercial Real Estate Loans are ideal to finance the purchase of property to expand your business and come with a variety of options with flexible repayment terms. You can also leverage the real estate equity built over time to help grow your business.
Construction Loans
Commercial construction loan programs are available so you can build or renovate that office, garage, storage, or manufacturing space you need. Builder construction loans are also available for residential housing construction.
Vehicle Financing
A quick, easy way to buy a vehicle for your business is to apply for vehicle financing. Rather than paying one lump-sum up front, a commercial vehicle loan allows you to pay for the vehicle in monthly installments. This is an ideal structure for budgeting fixed monthly costs.
SBA Loans
SBA guaranteed loans are available to provide flexible financing options for our small business customers. Lines of credit and term loans are available. SBA loans are available exclusively for qualifying small businesses. Our lenders will be able to assess your needs to determine if an SBA loan is a good fit.
An SBA 7(a) loan is ideal for small businesses that need to access working capital, purchase equipment, furniture and fixtures, make leasehold improvements, or acquire an existing business.
An SBA 504 loan is best used if you need to finance the purchase of a building, make improvements to existing facilities, purchase large equipment, or to construct a new building for your business. This program features a lower down payment percentage and a fixed rate loan for a portion of the borrowed funds.
Invest MA Small Business Banking Partnership
Main Street Bank is a participant in the Invest MA Small Business Banking Partnership. The Massachusetts Treasurer’s office created Invest MA to shift state cash deposits under the control of the Treasurer to Massachusetts banks that are committed to expanding their small business lending.
The primary objectives of this program are to:
- Promote small business growth by providing creditworthy enterprises with greater access to bank loans.
- Provide capital support through cash deposits to banks with a strong record of small business lending.
- Obtain competitive interest rates on the Commonwealth’s deposits.
- Require that all funds are insured or collateralized to ensure that there is no risk to the taxpayer’s money.
Learn more about this program through the Massachusetts state website and talk to our lenders to see if a small business loan is the right option for you.
Customer Success Stories
The success of our customers is an important part of our success. See how other businesses like yours have benefited from working with Main Street Bank.