Commercial Loan Products

Essex Savings Bank has been doing business on the Shoreline for nearly 175 years in large part because we build long term relationships.

Commercial Term Loans

Purchase equipment or vehicles for your business, or provide long-term capital to fund your business growth. We offer fixed and variable rate principal and interest payments. Loan terms may vary.

Contact a Commercial Loan Officer

Construction Mortgages

Build a new facility, or renovate or add onto an existing building. Take advantage of flexible options with a single closing.

Contact a Commercial Loan Officer

504 Mortgage

These loans are a great opportunity for business owners seeking to purchase owner-occupied real estate. A 504 Mortgage provides up to 90% financing, with a 50% conventional first mortgage and up to a 40% second mortgage funded through a SBA debenture. This product reduces the initial investment required by the borrower and stabilizes cash flow with a long term, fixed rate second mortgage. It can also be used to fund long term machinery and equipment acquisitions.

Contact a Commercial Loan Officer