Greater Boston Area
Boston Private © 2016

Jose Luis Rojas

Oscar Novelo

Los Angeles &
San Francisco Bay Area

  • Up to $350,000
     

  • One-Year Revolving Lines of Credit
     

  • Term Loans up to 7 years
     

  • Interest rates are Prime plus 2.00%*
     

  • Bank may require additional collateral or an enhancement of the loan under the U.S. Small Business Administration (SBA) loan guarantee or other program
     

  • 3-year business history, with most recent 2 years showing stable to improving profitability and demonstrated ability to repay the loan
     
  • Guarantor credit score of 650 or better

  • ​No Bank origination fee. Borrower responsible for paying all of the Bank’s third-party costs
     

  • Interest rates will be reduced by .25% for eligible borrowers whose loans are enhanced by a U.S. Small Business Administration (SBA) loan guarantee or similar program**
     

  • Automatic withdrawal from checking account required for all debt payments; either from a Boston Private account or from an account at another bank. A Boston Private business account is required for revolving line of credit borrowers (some charges apply) but not for term loan borrowers
     

  • Additional credit qualification criteria apply. The Bank reserves the right to make exceptions and modifications to the Business Loan Express Program in its sole and absolute discretion

*Interest rates on new loans are subject to change from time to time at the Bank's discretion 

BUSINESS LOAN EXPRESS PROGRAM OVERVIEW

Small Business Lending Programs

Boston Private is committed to meeting the credit needs of small businesses in our community. We focus on small businesses that create or retain employment opportunities for low- and moderate-income people and areas, and those participating in governmentally supported programs. As an SBA Preferred Lender, and through our Business Loan Express Program, we offer competitive rate loans to small businesses in economic development target areas.

Business Loan Express Program

Our Business Loan Express Program offers expedited application, approval and loan closing.

For a printout of our Business Loan Express Program offerings, please click here.

We offer a number of U.S. Small Business Administration (SBA) products, including the SBA Advantage Loan (formerly 7(a)) and the SBA Grow Loan Program (formerly 504). These products allow us flexibility to tailor financing solutions for small businesses that may not qualify for conventional financing to help them meet their financial goals. As an SBA Preferred Lender, we offer a streamlined approval and closing process.  

Click here to learn more about our U.S. Small Business Administration (SBA) products.

Community Investment

Click here to learn more about Boston Private’s community investment initiatives.

Have Us Contact You

Talk To Us Today

Call me:
(617) 646-4825

Call me:
(213) 262-4870

Private Banking and Trust services are offered through Boston Private Bank & Trust Company, a Massachusetts Chartered Trust Company. Wealth Management services are offered through Boston Private Wealth LLC, a U.S. Securities and Exchange Commission Registered Investment Adviser. Boston Private Wealth LLC is a wholly owned subsidiary of Boston Private Bank & Trust Company.

Investments are not insured by the FDIC or any other government agency, are not guaranteed by Boston Private Bank & Trust Company or its subsidiaries, affiliates or parent company, may lose value, and are not a Bank deposit.

The information and materials contained on this site or in any communication containing a link to this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution would contrary to law or regulation or which would subject Boston Private Bank & Trust Company or its subsidiaries or affiliates to any registration requirement within such jurisdiction or country. The information and materials contained on this Site are not intended as an offer or solicitation for the purchase of stock, any other security or any financial instrument of Boston Private Bank & Trust Company or any other issuer or company.

Other Business Loans

We also offer larger loans with credit facilities ranging from generally $500,000 to $10 million plus. Please click here to read more about our privately held business lending programs.


U.S. Small Business Administration (SBA) Product

Loan relationship requests greater than $350,000, or requests seeking different terms and conditions will be underwritten under Bank’s standard approval process. Interest rates on new loans are subject to change from time to time at the Bank’s discretion. Private Banking and Trust services are offered through Boston Private Bank & Trust Company, a Massachusetts Chartered Trust Company.

**Subject to SBA or similar government or state agency eligibility