Eastern Bank understands how vital small businesses are to helping our local economy grow and flourish. We also know that securing capital is one of the biggest challenges for early stage businesses. To help them, we’ve partnered with the U.S. Small Business Administration (SBA) to offer SBA loans.
Our commitment to SBA lending has helped us earn the distinction as the #1 SBA lender in New England for eight consecutive years.
Credit is essential in helping small and mid-sized businesses through changing business cycles. To help make credit available to newer, less established businesses that may not qualify for conventional loans, the Small Business Administration offers government-guaranteed SBA loans.
As a SBA preferred lender, Eastern Bank works closely with the agency and its government loan guarantee programs to offer an array of SBA loans to our customers. So whether you are looking for a line of credit to purchase inventory, a term loan to support capital expansion or a real estate loan to buy a building, Eastern Bank has a SBA loan to meet your needs.