The capital you need for business growth
Rely on Randolph Savings Bank to help you develop the financial strategies you need to exceed your goals.
In addition to a suite of products, we also partner with organizations like the Small Business Association (SBA) to ensure we have alternatives available for qualified businesses who might not otherwise qualify for conventional loans.
We’re committed to building long term relationships with our commercial clients. With local management and local decision making, we’re nimble enough to customize solutions to meet your needs, whatever they may be.
Ready to take on building that new warehouse? Looking for a flexible loan while construction is underway? Our team has been specializing in construction financing for over 25 years – we understand how taking on a new construction project places extra burdens on you as a business owner. We’re here to help make the process as smooth as possible.
Commercial Real Estate Mortgages
At Randolph Savings Bank, our experienced lending team has extensive commercial real estate business knowledge and they know the local market dynamics. No matter what type of real estate transaction, you can count on our capable specialists to work with you to provide the best financing options to fit the needs of your project.
Equipment Term Loans
Whether you’re looking to finance capital improvements for your business or making a major purchase of equipment or vehicles, you’ll find competitive rates on business term loans at Randolph Savings Bank. The application process is easy and the turnaround time is fast.
Business Term Loans
The needs of businesses like yours are diverse; our traditional business term loans are here to help meet a variety of non-real estate capital needs and can be paid back over time. Expanding your business lines? Renovating a leased space? Our commercial lending team can turn your business goals into reality.
Business Lines of Credit
Our flexible business lines of credit allow you to have available cash whenever your business needs it and are ideal for short-term borrowing. Let our knowledgeable lenders determine the right amount for you.
Letters of Credit
A letter of credit certifies a business’s credit worthiness. Whether you’re doing business internationally or domestically, we provide letters of credit to help your business secure credit, guarantee payment or otherwise transact business.
In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, certain transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person accepts credits, funds, instruments, or other proceeds from another person in connection with unlawful Internet gambling.