Small Business and Commercial Business Loans in MA
UniBank offers Massachusetts small business loans and commercial loans to larger businesses. At UniBank, we believe local businesses build strong communities. That's why our business lending solutions are designed with local businesses in mind. From financing the purchase of a new property to accessing working capital for daily operations, our team is committed to helping local businesses grow, thrive, and reinvest in our community. With UniBank as your partner, your business goals are within reach.
Ready to apply for a business loan or line of credit? Let our dedicated team guide you every step of the way!
Fast Track Loan
or Line of Credit
UniBank’s Fast Track1 Loan or Line of Credit for small businesses streamline the application and approval process. This allows your business to get the loan or line of credit you need as quickly and easily as possible. If you have been in business for longer than one year and need a loan or line of credit for an amount up to $150,000, Fast Track may be the right option for you.
Lines of Credit
Every business experiences fluctuations in cash flow. A UniBank Business Line of Credit gives you the flexibility to cover short-term needs, take advantage of opportunities, and keep operations running smoothly. With funds available when you need them, you'll have peace of mind knowing your business is prepared for the unexpected.
- Pre-determined dollar limit
- Monthly payments can be deducted from your checking account
Term Loans
When your business is ready to invest in growth, a UniBank Business Term Loan provides the financing you need with the stability of predictable payments. Whether you're purchasing equipment, expanding operations, or funding long-term projects, we'll structure a loan that fits your goals.
- Competitive rates and terms.
- Use for equipment, vehicles, property improvements, or expansion projects
Commercial Mortgages
We know that the right space can make all the difference for your business. A Commercial Mortgage from UniBank is designed to help local businesses purchase, refinance, or expand their property in our local community. Whether you're acquiring your first building, upgrading to a larger facility, or refinancing to improve cashflow, UniBank is here with competitive rates, flexible terms, and a commitment to helping local businesses grow and thrive.
Standby Letters of Credit
A Standby Letter of Credit from UniBank provides your partners, vendors, and stakeholders with the financial assurance they need - while giving your business the flexibility to seize new opportunities. Whether you're bidding on contracts, guaranteeing performance, or supporting trade, UniBank's standby letters of credit strengthen your reputation and reduce risk.
Small Business Administration (SBA) Loans
SBA Loans are commercial loans made to businesses with federal government guarantees for a percentage of each loan. SBA Loans may be used for any number of purposes, including business start-ups, purchases of existing businesses, equipment upgrades, and commercial real estate purchases. Some businesses use their SBA Loan for refinancing existing debt, as well as for working capital. SBA guarantees and other government programs can expand borrowing opportunities for many small and mid-sized businesses.
SBA Loans include:
- Commercial mortgages
- Term Loans
- Lines of credit
Small Business Administration (SBA) Veterans Line of Credit
2.99%2 Annual Percentage Rate for 12 Months
You served us, now let us serve you. UniBank’s SBA Veterans Business Line of Credit is designed exclusively for military service members, veterans, and their spouses.
- Borrow up to $350,000
- Guarantee Fee Waived
- Assistance with Business Plan