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Growth Lending For Massachusetts Businesses

Growth Lending For Massachusetts Businesses
As part of our commitment to economic growth in Massachusetts, and to developing long-term relationships with the business community, Sovereign is offering a flexible, cost-effective lending program with customized solutions for growing businesses.

Pre-Apply Now

Pre-Apply Now
Highlights
  • Loans from $250,000 to $2,500,000
  • Favorable interest rates
  • Streamlined application and rapid approval and funding
  • Flexible terms to meet your needs
Who Can Qualify
  • Businesses located in Massachusetts
  • In business for a minimum of 2 years, and up to $10 million in revenue
  • Must meet Sovereign's basic creditworthiness guidelines
  • The proposed project must create jobs in the Commonwealth of Massachusetts
  • The borrower must open a Sovereign business checking account
Flexibility & Customized Solutions
  • Financing for business acquisitions, real estate, equipment, and working capital
  • Benefit from a variety of core banking solutions with attractive pricing
Additional Savings and Benefits
The Sovereign Job Foundation offers even greater savings on a selection of banking services that will help your business and your employees. Qualified borrowers can enjoy:
  • A choice of either Free Business Checking or Business Checking Plus.
  • Business Online Banking, our powerful online banking and bill payment system designed especially for business checking customers.
  • A 20% discount on your first 2 orders of Deluxe checks, endorsement stamps, and other business products.
  • Discounted Payroll Services for businesses with 10 or fewer employees. Includes payroll checks and register, tax filing, direct deposit, official checks, and online reporting.
  • Special savings on Merchant Card processing services. Includes a 48-month terminal lease, free secured debit PIN pad, free online reporting and statements, 500 gift cards and no monthly minimum for bankcard processing.
  • Free checking accounts with free online BillPay, discounted loans, investments, and preferential pricing on other financial services for your employees through our Partnership Banking Program.
  • Additional online banking and cash management services to make the most of your financial position.
Next Steps
Complete the initial information request form. You will then be contacted by a business banking representative.
Access Your Accounts
Next Steps
Call 877.768.1145 to speak with a
Business Solution
Center Representative
Complete the initial information request form
Send an email and we will contact you within 24 hours
Find one of our Community Banking Offices
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