At BankGloucester, we fully understand the unique demands of owning a business. After all, we are a small business too. BankGloucester has the right business lending solutions for your business — from commercial real estate loans and construction loans to equipment financing and credit lines. Whether your business is big or small, a start-up or well established, our commercial lending specialists are here to help.
BankGloucester is a SBA Preferred Lender. This enables us to process SBA loans faster. If you are looking for an SBA loan, BankGloucester is the right choice.
Download our Commercial Loan Packet to get started.
Bring or mail the forms to:
160 Main Street
Gloucester, MA 01930
If you have any questions, please call:
Mark Grenier, Senior VP & Chief Lending Officer
978-283-8200 ext 229
We offer real estate loans to purchase property for owner-occupied as well as non owner-occupied.
We are experienced in closing a variety of construction loans for small to large construction projects. Whether new construction or to renovate existing commercial real estate BankGloucester can help.
Term loans are a great option for the business that needs money for equipment, machinery, fixtures, fittings and a variety of other operational or working capital purposes. Business Term Loans are generally made for periods from one to seven years.
If your business has seasonal or other short-term financing needs, then a BankGloucester Business Time Loan may be perfect for you. Business Time Loans are usually made for a term of up to one year.
A revolving line of credit can be established allowing you access up to a pre-established amount of credit. This type of loan is ideal for supporting your accounts receivable, seasonal inventory needs, or any day-to-day business expenses. They are generally established for a term of one year and reviewed annually