Your business is Big Business to us. We're the business friendly Bank. How can we help you?

Our Business Banking division serves the South Shore of Massachusetts plus the Boston area and Cape Cod.

There are times in every business when financial support is needed. South Shore Co-Operative Bank is ready to work with you to put new capital and renewed energy in your business. Staffed by highly experienced commercial lenders, the Bank provides a wide array of conventional loans.

Working Capital Line of Credit

Here's a solution to deal with short-term or seasonal business cycles. You pay only for the credit you use.

Standby and/or Documentary Letter of Credit

Guarantees your suppliers payment for purchases or facilitates international trade. It's as good as cash. Ask us how a Letter of Credit could help you and your business. There are certain criteria regarding eligibility and collateral for SBA borrowers. To learn the details, Contact Us and we'll fill you in.

Term Loans and Equipment Loans

Fixed rate and variable rate loans are available. Term loans can be used for a variety of purposes, including acquisition, to meet unexpected one-time expenses, and to refinance debt. Whether you are upgrading facilities, investing in equipment, or seeking funds to meet other long-term goals, South Shore Co-Operative Bank offers term loans and equipment loans with competitive rates and flexible repayment terms.

As an approved SBA Express lender, we offer a full compliment of Small Business Administration loans as financing options. We have the experience and expertise to get SBA loans approved. South Shore Co-Operative Bank has a number of financial assistance programs.

7(A) Guaranty Program

The SBA's primary loan program for loans up to $2,000,000. It enables a business to qualify for financing when funding is otherwise unavailable on reasonable terms. 7 (A) loans also provide financing for start-up companies.

Express Loan Programs

For term loans and lines of credit, up to $350,000, with the benefit of direct bank approval!  No SBA contact needed.  South Shore Co-Operative Bank's Express Loan Program reduces the number of mandated forms and saves time.  Ask us.  We're SBA experts. 

SBA 504 Loans

This program provides qualified borrowers 90% financing for purchasing machinery, other equipment and real estate. It also provides funding for the construction and/or expansion of existing facilities. Not only is the borrower's capital injection limited to 10%, but 40% of the financing is provided at a fixed rate for 20 years. There are certain criteria regarding eligibility and collateral for SBA borrowers. To learn the details, Contact Us and we'll fill you in.

Let us put our experience to work for you!

Here are a few examples of recent transactions: