Business Financing
With a lending capacity of over $11 million, Pentucket Bank serves the lending needs of a variety of industry types, including:
- Manufacturing
- Healthcare
- Technology
- Communications
- Retail
- Construction
- Transportation
- Non-profit Organizations
Below are some specific examples of how Pentucket Bank has met the financing needs of the local community:
- $2,000,000+ development and construction loan for “over 55 community”
- $1,100,000+ term loan and working capital line to wireless communication retail chain store
- $400,000 term loan to regional transportation company
- $1,100,000+ term loan and working capital line to regional food manufacturer
- $850,000 SBA term loan for an entertainment production company
- $1,000,000 revolving line of credit for a regional security corporation
- $615,000 commercial mortgage for a local non-profit agency
- $600,000 SBA 504 mortgage for a local manufacturing company
- $1,400,000 term loan and $500,000 revolving line of credit to a specialty construction company
- $3,200,000 SBA 504 mortgage for a computer storage company
- $1,600,000 construction loan for a non-profit nursing home
- $6,000,000+ mortgage for an assisted living community
To learn more, simply visit our Main office or Salem branch, call 978-372-7731, or submit your request for more information via email.
