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Work with a local institution that’s been helping Massachusetts businesses find financing for 170 years and counting.

Business term loans can be used to make purchases of equipment and other fixed assets for your business. You pay off these loans over time in installments according to a repayment term schedule. Unlike some other types of business loans, term loans have fixed interest rates that ensure predictability with your payments and a definite end date that helps you plan.

With a small business term loan for your Massachusetts business, you can make a wide variety of purchases, upgrade your equipment and pay for renovations to your building.

Key Features

  • Competitive Rates
  • Quick Decisions
  • Local Processing

Business term loans allow Massachusetts companies to borrow the funds they need. These flexible loans are available for all types businesses. When you apply for a business term loan, CSB will look at a range of factors including your personal credit score, your revenue and how long you’ve been in business.

Business term loan rates vary depending on your qualifications and your term length. At CSB, we offer competitive fixed rates to meet your needs. You can apply for short, intermediate or long-term business loans to get the financing you need to cover different needs. Many businesses use short-term loans for more urgent expenses like repairs, and longer loans for more permanent assets with longer useful life.

Before you apply for a business term loan, you'll need to determine which option is best for you. Your team at Clinton Savings Bank has years of experience working with businesses like yours to develop ideal loan terms to meet your specific needs. When you choose CSB as your business term loan lender, you get the following benefits:

  • Competitive rates for a wide range of business needs:
    • Equipment
    • Machinery
    • Transportation
    • Inventory
    • Facility improvements
    • And more
  • Careful consideration taken when customizing financing
  • Quick, local decision-making and processing
  • Hands-on, customized service throughout the entire process

Get started today by contacting a Clinton Savings Bank lender at 978-365-3401. We can talk you through your options and help you find a solution that meets your business's unique needs. Give us a call to find out more about our flexible business term loans or apply in person at any of our Massachusetts locations.