Small business owners play a vital role in our local economy so we are committed to offering business financing that is accessible and flexible. Thomaston Savings Bank is a Preferred Lender with the U.S. Small Business Administration (SBA), which enables us to offer business owners the financial support that conventional loans cannot.
SBA loans are backed by the federal government and provide a more flexible loan structure, more time to repay and lower down payments. There are several SBA business loan options available.
In addition to the standard programs detailed below, special programs are available to eligible businesses that are facing financial hardship from COVID-19. Click here to learn more.
Thomaston Savings Bank is approved to offer SBA loan products under the SBA’s Preferred Lender Program, which means you can work through the process quickly and easily with an experienced loan officer.