Commercial Lines of Credit

Lines of credit available to fund both seasonal and year round working capital needs.

• Repayment - Interest only, payable on demand
• Term - 12 months interest only payments, principal due on demand
• Reviewed and renewed annually
• No annual fee

For more information contact one of our experienced commercial lenders at 888-830-3200.

Term Loans

Financing is available for the acquisition of equipment, vehicle purchases, or capital expansion.

• Repayment - Monthly principal and interest installments
• Term - 5 to 7 years
• Loan to Value - up to 80%
• Down payment required

For more information contact one of our experienced commercial lenders at 888-830-3200.

Collateral Loans

Collateral loans allow you to borrow against your existing bank funds or equity portfolio.

Loan to Value - up to 95%

For more information contact one of our experienced commercial lenders at 888-830-3200.

Business Overdraft Lines of Credit

With an overdraft line of credit you never have to worry about overdrawing your business checking account.

• Minimum Loan Amount - $1,000
• Maximum Loan Amount - $5,000
• Repayment - Minimum $20 or the balance, whichever is lower
• Annual fee

For more information contact one of our experienced commercial lenders at 888-830-3200.

Letters of Credit

Athol Savings Bank offers letters of credit to assist in acquiring products and services for business development.

• Extended on secured basis
• Closing Costs - 2-5% of the Letter of Credit amount, minimum of $200

For more information contact one of our experienced commercial lenders at 888-830-3200.

SBA Loans

SBA loans provide creative financial solutions to borrowers unable to obtain conventional financing.

• Approved preferred lender
• Term - Varies
• Down payment required

For more information contact one of our experienced commercial lenders at 888-830-3200.