BUSINESS
LOAN PROGRAMS
Working capital is important for any business. Our Business Loan products
provide immediate cash flow to meet both short and long term needs.
Apply for a Business
Loan today, and let Cambridgeport Bank assist you in running your business
smoothly!
BUSINESS OVERDRAFT
PROTECTION LINE
|
To
cover unexpected checking Account activity
- Borrowing
Range: $1,000 - $10,000
- Repayment
Terms: Monthly payment of interest plus 1% outstanding
principal balance, $50. Minimum payment
- Collateral:
Unsecured
- Personal
Guaranty: Required
|
BUSINESS LINES OF CREDIT
|
General use for Operational expenses
- Borrowing
Range: $5,000 - $100,000
- Repayment
Terms: Monthly payment of interest only
- Collateral:
All Business assets
- Personal
Guaranty: Required
|
BUSINESS TERM LOANS
|
Equipment purchases, business Epansion, or debt refinancing
- Borrowing
Range: $5,000 - $100,000
- Repayment
Terms:
Monthly payment of Principle and interest
-
Collateral:
Specific equipment and/or all business assts
- Personal
Guaranty: Required
|
FOR LOANS OVER $100,000
PLEASE CALL OR E-MAIL OUR
COMMERCIAL LENDING GROUP
AT
commlend@cambridgeport.com
Tel: 617.779.2900 Fax: 617.779.8969
For more information call or email our
Business Banking Center today at:
Customerservice@cambridgeport.com
Tel: 800-810-2265 Fax: 617-779-4000