Small Business Loans
If your business has financing needs for long-term capital investments, or you need working capital to grow, a Small Business Loan with Provident Bank can provide the capital you need to reach your goals.
At Provident Bank, we understand that capital is the lifeblood of your small business. It's an expanded or renovated facility; it's new equipment; it's a bigger staff. Whatever the scenario, we want to help small businesses like yours get more of what you need to grow and succeed. Plus, ask about our Small Business Lending Advantage Program1, which offers rate discounts for eligible borrowers.
Term Loan:
Term Loan funds can be used for machinery, office equipment, or debt consolidation.
Features and Benefits:
- Loans offered for 1 to 5 years; longer terms may be available if secured with real estate
- One lump sum advance at closing
- Fixed rate
- Loans from $5,000 to $1,000,000
Small Business Line of Credit:
Get flexibility and quick access to cash for your short-term financing needs. Tapping into your funds is easy. Process an advance through ProvidentConnect for Business Online Banking.
Features and Benefits:
- Easy application process and quick turnaround
- Revolving use of funds that you control
- Lines from $10,000 to $500,000
Contact our team today
Requirements: Subject to credit approval. Company must have been in business a minimum of 2 years. Requires automatic deduction of loan payment from a Provident Bank business checking account.
1Applicants may also be eligible for our special Small Business Lending Advantage Program, which offers additional rate discounts to qualified borrowers who meet business location requirements.