At First Suffield Bank | A DIVISION OF PeoplesBank, our experienced commercial loan team will customize a loan program that fits all your business needs.
Whether you're just starting out, ready for expansion or planning a major purchase, you'll always interact with the loan decision-makers who live and work in your community. We pride ourselves on our prompt, efficient and friendly service.
Commercial Line of Credit
Meet short-term credit needs with a commercial line of credit. You decide how much you need and when to borrow it. As you make payments on the principal, you can access your credit line again without reapplying.
Commercial Term Loan
Fund an expansion project, buy vehicles or equipment, or meet long-term financing needs with a fixed-rate term loan available in any amount. You can spread your payments out over time.
Acquire the land or buildings you need for start-up or expansion or to refinance your current mortgage. We offer competitive rates and terms.
Commercial Construction Loan
We provide competitive rates and flexible terms during construction and permanent financing once your building is complete.
Letters of Credit
Letters of Credit are available to assure your international or local suppliers of credit eligibility or payment capabilities.
For more information on all our business loan products, please contact our commercial loan department today at (860) 668-3950.