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Business Services - Loan & Credit Services

We know that convenient access to reliable business financing is critical to your success. Our competitive loan rates and terms offer you maximum flexibility. As your business banker, we’ll work with you to help determine your needs and create financing solutions. Whether you are a sole proprietor or the CEO of a growing corporation, you’ll be supported by experienced banking professionals who take personal responsibility for serving you and your company. That kind of attention makes a big difference, and it’s a high priority at North Shore Bank.

Commercial Real Estate Construction and Permanent Loans
Real estate loans are available to finance the purchase, renovation or construction of owner-occupied and investor-owned commercial or residential properties. We have a unique expertise in financing residential real estate construction. Our rates are competitive and your business banker will work closely with you to ensure that the entire process goes smoothly.

Equipment Financing
Need new equipment in order to grow and stay ahead of the competition? North Shore Bank can provide the financing to make it happen. Whether it’s updating your computer system or purchasing commercial vehicles or equipment, we can finance it with payment terms designed to work within your budget.

Lines of Credit
A line of credit is the perfect way to manage your company’s short term funding needs. Use it for seasonal cash flow, or for business expansion, or gain instant access to funds with an overdraft protection line that works with your North Shore Bank checking account. Approval is quick and easy, and it’s comforting to know your credit line is there when you need it.

SBA Loans
As an Approved SBA Lender, North Shore Bank can help you obtain a Small Business Administration (SBA) loan to get started, or to help your business grow. SBA loans are available for eligible borrowers, and can be used for a variety of purposes, including:

  • Commercial real estate acquisition, renovation or expansion
  • Equipment or inventory purchases
  • Refinance business debt
  • Working capital

Plus as an approved SBAExpress Lender you'll receive an answer more quickly on loans and lines of credit than with other SBA lenders.

Term Loans
When you need funds to help grow your business, we can help, whether it’s for capital improvements or equipment, refinancing existing debt, or working capital. Term loans are flexible and can cover a wide range of borrowing needs.

Condo Association Loans
Our lenders have extensive experience in condominium association financing to help with all types of repair and maintenance projects.

Letters of Credit
As your business banker, North Shore Bank is ready and willing to stand behind you with a letter of credit if you need one – and we’re always available to discuss your credit needs.

Ready for a bank that makes your business a priority?
For a confidential discussion of your business banking needs, please use our Information Request Form. For business banking services call Jerry Salerno at (978) 538-7065, or Karl Wilson at (978) 538-7080.

‘‘North Shore Bank
stands beside me, not in my way.’’

Paul Richardson
Owner of Richardson’s Dairy in Middleton

It's not just our name. It's our home.
North Shore Bank
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