Commercial Lending

The Loan Officers at Seamen’s Bank can give you personal service and quick answers on competitive loans for your business and real estate investments without unnecessary red tape. Seamen’s Bank understands the Lower Cape’s seasonal economy, supports the health and growth of our community, and can make loans other banks may not.  Decisions are made locally by Bankers that know the area and are ready to support your business. Your Loan Officer will help you decide which loan best fits your needs, assist you with the application process, and continue to be at your service even after closing.  Please contact one of our Commercial Loan Officers or e-mail
commercial.lending@seamensbank.com for more information.

Commercial Real Estate Loans
Whether purchasing or refinancing commercial real estate, attractive financing with competitive interest rates, low origination fees, and a 25 year repayment term will make Seamen’s Bank your first financing option.

Construction Loans
For new construction and renovations, we will work with you to customize a construction schedule and offer prompt direct deposit construction advances. Construction loans can be short-term with repayment from the sale of the property or converted to long-term mortgage loans upon building completion when retained for investment.

Commercial Lines of Credit
Allows you to manage your short-term hnancing needs and provide ongoing operating capital when you need it.

Commercial Equity Line of Credit
Leverage the equity in your commercial or mixed use property with a revolving 1st mortgage line of credit. After the interest only 5-year draw period, the balance converts to monthly principal and interest payments.

Short-term Loans
Financing for vehicle, equipment and machinery purchases or your other business needs. Terms are available for up to the economic useful life of the asset being financed.

Seasonal Loans
Flexible repayment options made during your busy season.

SBA Financing
SBA loans are designed for business owners requiring non-conventional financing such as low down payments, special purpose properties and credit uncertainties. Ask us about the different products the SBA has to offer.

Capital Access Program ℠
Designed to assist smaller businesses throughout Massachusetts, guarantees provided by the program enable us to offer financing we might otherwise be unable to grant.

Seamen’s Bank knows your time is valuable. A Loan Officer will meet with you at a convenient time and location to help you decide which loan best fits your needs. Your Loan Officer will assist you with the application process and continue to be at your service after closing.