Cambridge Trust gives you the advantage of a wide array of borrowing services, a team of highly experienced lenders, and the benefit of local decision-making. We can be a valued resource because we work to understand your business and its changing needs — offering solutions, not red tape.
Business Credit Reserve
This service provides overdraft protection up to a predetermined amount on your business checking account. It costs nothing unless you use it, and then the interest rate is variable. Many businesses find our Business Credit Reserve to be a low-cost solution for those occasional short-term credit needs.
Working Capital Line of Credit
Cambridge Trust can provide you with a Working Capital Line of Credit to help you meet short-term cash flow needs for accounts receivable, inventory, or other trading asset support. We offer fast answers, flexible terms, and competitive pricing.
Whether you are investing in equipment, upgrading facilities, or seeking funds to meet other long-term needs, Cambridge Trust offers term loans with competitive rates and flexible repayment terms.
We offer mortgages for owner and non-owner occupied commercial properties, designed to meet your acquisition and refinancing needs.
SBA Guaranteed Loan
In cooperation with the Small Business Administration, Cambridge Trust offers SBA 504, SBA 7A, and SBA Express and Patriot Express loans for financing commercial mortgages or other long-term fixed assets.
For more information, please refer to the SBA Loan Guaranty Programs Guide.
Standby Letters of Credit
Cambridge Trust can issue Standby Letters of Credit on your behalf to assist your business in meeting landlord lease requirements or for other business needs which require this financial instrument.
We offer loans secured by stock, bonds or other eligible liquid assets at competitive rates for varying terms.
For more information, call Martin Millane, senior vice president and chief lending officer, at 617-441-1510.