Experienced Lending, Personalized Service
Whether you're expanding, investing in new equipment, purchasing property, or managing cash flow, BankGloucester offers local lending solutions tailored to your goals. Our experienced lenders take the time to understand your business and provide responsive, personalized service every step of the way.
Looking for an SBA Loan
BankGloucester is a SBA Preferred Lender, enabling us to process SBA-guaranteed loans faster. The Small Business Association makes it easy to access affordable funding with more flexibility. Our team is here to help get you on your way!
Your Business Financing Team
With decades of commercial lending and banking experience, our team offers personalized service, fast decision-making, and tailored solutions to best fit your needs.Mark Grenier
Senior Vice President & Chief Lending Officer: NMLS #1633807
Lisa Shanko
Vice President & Commercial Loan Officer: NMLS# 1695433
Jessica Margiotta
Assistant Vice President & Commercial Loan Officer
Commercial Real Estate Loans
Commercial Real Estate Loans are used to buy, expand, or refinance commercial properties, including owner-occupied, mixed use, industrial, office, and retail as well as investment real estate.
Commercial Construction Loans
Commercial Construction Loans are used to finance the cost of building or renovating a commercial property or investment property.
Business Term Loans
Business Term Loans are for one-time financing needs such as equipment or vehicles, expansion or renovating, long-term working capital, or business acquisitions. These loans are for a specific amount of money and are repaid over a set period of time with fixed payments.
Business Time Loans
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.
Business Lines of Credit
A Business Line of Credit is used to help manage cash flow needs such as payroll, increasing inventory, and off-season working capital. It give companies a reusable form of credit, up to a certain credit limit, that can be accessed whenever needed. The payments are interest only on the amount borrowed, variable rate, and subject to credit review and annual renewal.
Ready to Get Started?
Download Our Commercial Lending Kit
Bring or mail the forms to:
BankGloucester
160 Main Street
Gloucester, MA 01930
If you have any questions, please call:
Mark Grenier, Senior VP & Chief Lending Officer
978-675-9929
NMLS #1633807
*Photograph by David Shopper Photography
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