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Lines of Credit 

To help you with your short-term borrowing needs, such as equipment purchases, additional working capital, seasonal cash flow, or inventory purchases, we offer Lines of Credit.

• Save with competitive rates.

• Use it for a variety of purposes, such as facility renovations, equipment purchases, additional working capital, seasonal cash flow or inventory financing.

• Borrow as much as you require up to your lending limit. As you repay your loan, those funds become available for future borrowing needs.

For customers who are expanding their business and may not have sufficient business assets to fully collateralize their loan, we offer a “Ready Cash” Line of Credit, under which a second mortgage on your primary residence may be used as a subordinate source of repayment.

For businesses that need lines of credit up to $1 million.
Call Joseph Bator at 617-897-1021 or email him at

Download an Application
• Application for loans under $100,0001  View PDF

• Application for loans $100,000 and over  View PDF

Note: immediately save the PDF and open it with Adobe Reader to prevent loss of information entered into the application.

For businesses that need lines of credit over $1 million.

Call Joseph Holland at 617-897-1045 or email him at

Visit any Eastern Bank branch.

1. Aggregate commercial loan commitments, including this request, cannot exceed $100,000.