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Eastern Bank (MA)

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7a General
7a with WCP
Change of Ownership
Existing or more than 2 years old
Fixed Rates
# Loan Funds will Open Business
# New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approvals as of 6/30/25 270
SBA Loans Total Approval Amount as of 6/30/25 $43,740,700
Average SBA Loan Size as of 6/30/25 $162,003
Average SBA Loan Rate over Prime (Prime is 7%) 3.02
Eastern Bank (MA)

Unlock Your Financial Potential with Eastern Bank (MA)

Eastern Bank, headquartered in Boston, Massachusetts, is one of the nation’s oldest and most trusted mutual banks, serving New England businesses for over 200 years. As a leader in community-based banking and a top SBA Preferred Lender, Eastern Bank delivers comprehensive financing solutions that empower small business owners to start, grow, and thrive across Massachusetts and beyond.

Key Features of Eastern Bank

  • Comprehensive Business Banking: Full-service checking and savings accounts, merchant services, cash management, and digital solutions tailored to meet the needs of small and mid-sized businesses.
  • SBA Loan Expertise: Eastern Bank is an SBA Preferred Lender, offering the 7(a), 504, and SBA Express loan programs. Its experienced SBA lending team provides fast approvals and flexible financing for working capital, real estate, equipment, and business acquisition.
  • Flexible Commercial Lending Options: Beyond SBA programs, Eastern Bank offers term loans, lines of credit, and commercial real estate loans with competitive rates and personalized terms.
  • Digital Banking Solutions: Business owners benefit from secure online and mobile platforms with easy access to account management, payment processing, and cash-flow insights.
  • Commitment to Local Communities: Eastern Bank is widely recognized for its corporate citizenship, community reinvestment, and dedication to supporting minority-owned, women-owned, and mission-driven enterprises throughout New England.

Why Choose Eastern Bank for SBA Loans?

Eastern Bank combines deep community roots with modern financial expertise. As one of the top SBA lenders in Massachusetts, the bank simplifies the borrowing process and offers hands-on guidance to ensure quick funding and affordable repayment structures. Whether you’re expanding operations, purchasing property, or strengthening cash flow, Eastern Bank provides the resources, experience, and commitment to help your business succeed.

How to Get Started

Ready to grow your business with an SBA loan or other financing solution? Visit the Eastern Bank Business Banking page to explore available SBA programs, review eligibility, and connect with an experienced SBA lending specialist.

Empower your financial future today with Eastern Bank — where Massachusetts businesses come to grow.

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