Your Preferred Contact For Federal SBA Loans
As a Small Business Administration (SBA) preferred lender, Bridgewater Savings can help eligible businesses secure federally guaranteed SBA financing. Our experienced professionals will be happy to help you determine whether your company qualifies for an SBA loan, and because of our SBA preferred lender status we can expedite your application.
If your business qualifies, you can use an SBA business loan for a variety of purposes:
- Commercial real estate purchase
- Construction
- Business acquisition or expansion
- Renovation and improvements
- Equipment purchases
- Inventory purchases
- Refinance business debt
- Working capital
Bridgewater Savings Bank offers these SBA programs:
SBA Express
Ideal for businesses that may not meet traditional lending requirements, this 50% guarantee program for loans from $5,000 to $350,000 provides flexible payment options and longer terms than most commercial loans.
Patriot Express
SBA provides an 85% guarantee for loans up to $150,000 and a 75% guarantee for loans from $150,001 to $500,000. Patriot Express loans are available to veterans, members of the military community and their spouses.
504 Loan Program
Designed for growing businesses seeking long-term financing to acquire, construct or expand their location or equipment, the 504 Loan Program lets borrowers contribute as little as 10% equity while enjoying preferential interest rates.
Contact Bridgewater Savings
For more information on any of our business lending services, including SBA business loans, please use our information request form, give us a call at 1-800-356-8622 or stop by any of our branch locations.