We’ll provide the commercial loan so you can focus on building a successful business

Our team of commercial lenders can provide your Connecticut business, as well as businesses in Rhode Island and Massachusetts, the guidance, customized support, service, and commercial financing to strengthen your business for years to come.

For years, we had done business with a larger bank, but we found the process to be cumbersome. With Chelsea Groton, they’ve always seemed to get it. I know each person working on my commercial loans, business accounts, and at the local branch. It’s comforting to know that when I need to change our line of credit or want a tool to improve the efficiency or security of cash flow, or even want to give my team the opportunity to learn about budgeting, credit, and homebuying, I can speak directly with someone at the Bank who knows me and my business, and will work to accommodate our needs.
– Jamie Densmore, Densmore Oil

Term Loan — Let’s discuss financing options for purchasing commercial equipment and machinery, acquiring, or expanding a business, leasehold improvements and permanent working capital.

Real Estate Mortgage — Looking to expand your business or transition from renting? We’ve helped businesses of all types structure a loan tailored to the businesses needs and objectives, with an understanding of both your short and long term goals in mind.

Lines of Credit — If yours is a seasonal business or you have other short-term working capital loan needs, let’s set up a Revolving Line of Credit. Or, if most of your business assets are in accounts receivable (A/R) and inventory, let’s discuss an Asset-Based Line of Credit.

Visa^® Corporate Credit and Purchase Cards — Offer the flexibility to separate business from personal expenses, access to free spending reports, and the purchasing power you need to manage your business.

Small Business Loans — Are your borrowing needs under $100,000? Check out our SBA loans and supporting banking products for small businesses.

Have questions? Speak with one of our Commercial Lenders who has been helping customers realize their business goals for a very long time. Call 860-448-4295 or email us.

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