Small Business Lending

The Savings Bank offers commercial loans to fuel growth and fund your business initiatives. Our local small business specialists will learn the unique needs of your business, and you’ll have our support every step of the way. Talk with us about a tailored plan that works best for you.

Supporting small business growth as an approved Small Business Administration (SBA) lender.

SBA 7A and 504 Loans

Designed for start-ups, mergers, and acquisitions
Partially guaranteed by SBA
Flexible 504 program loans for real estate and equipment
Long-term fixed rates available
Streamlined approval process

Small Business Banking Partnership Loans

The Small Business Banking Partnership* was created to help banks expand their small business loan programs.

Up to $10 million in state funds available for small business loans
Designed to help businesses expand
Term loans
Lines of Credit
TSB Business Credit Lines

*As of May 31, 2023, The Savings Bank has originated 39 loans totaling $3,624,334 through this program. Contact Senior Commercial Banking Officer, Joe Scurio, for more information about this program.

SBA Specialist

For information about SBA lending, contact:

Joseph T. Scurio
Senior Vice President
Senior Commercial Banking Officer
P: 781-486-5326
F: 781-224-3570

Designed for start-ups, mergers, and acquisitions
Partially guaranteed by SBA
Flexible 504 program loans for real estate and equipment
Long-term fixed rates available
Streamlined approval process

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To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.

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