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Salem Five Cents Savings Bank (MA)

Salem Five Cents Savings Bank (MA)

SBA Loan Approvals as of 6/30/25 72
SBA Loans Total Approval Amount as of 6/30/25 $13,340,400
Average SBA Loan Size as of 6/30/25 $185,283
Average SBA Loan Rate over Prime (Prime is 7%) 1.62
Salem Five Cents Savings Bank (MA)

Unlock Your Financial Potential with Salem Five Cents Savings Bank (MA)

Salem Five Bank, founded in 1855, is a leading Massachusetts financial institution serving businesses across New England. Known for modern digital tools, strong commercial lending, and SBA loan expertise, Salem Five helps entrepreneurs access capital with confidence.

Key Features of Salem Five Bank

  • Full Business Banking Suite: Business checking, merchant services, treasury management, ACH/wires, remote deposit, and integrated payments.
  • SBA Lending Programs:
    Salem Five participates in:
    • SBA 7(a) loans
    • SBA Express
    • SBA 504 loans
  • Commercial Lending Strength: Business lines of credit, term loans, CRE financing, equipment loans, construction lending.
  • Industry Specialization: Retail, hospitality, manufacturing, real estate, healthcare, professional practices.
  • Advanced Digital Banking: 24/7 mobile and online tools, treasury dashboards, Positive Pay, remote deposit capture.
  • Community Commitment: Deep involvement in Massachusetts economic development and business initiatives.

Why Choose Salem Five for SBA Loans?

  • Strong SBA team
  • Competitive terms
  • Fast underwriting and local decision-making
  • Deep knowledge of New England business markets
  • Support for growing, expanding, or acquiring businesses

Get Started

Visit: https://www.salemfive.com/business
to explore SBA options and connect with a commercial banker.

Empower your financial future with Salem Five — where New England businesses gain a trusted, forward-thinking financial partner.

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