Business Lending

We know businesses need funds to grow and thrive. We’re here to help you determine what credit solution makes the most sense for you. Some options are below:

SBA Loans

If you don’t qualify for traditional bank financing, a Small Business Administration loan might be right for you. These are loans backed by the federal government’s Small Business Administration.

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As an SBA Preferred Lender, Salem Five streamlines and simplifies the entire application and approval process.

  • Early-stage, start-up funding
  • A wide range of uses

Term Loans

From purchasing equipment, vehicles and consolidating debt, to making tangible business improvements, a Salem Five term loan can support your growth.

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You’ll get a specified repayment schedule and choose a fixed or floating interest rate.

  • Immediate fund infusion
  • Long-term or one-time expenditures
  • Fixed-rate financing available

Lines of Credit

A Salem Five line of credit lets you tap into available cash when you need it. This is a smart tool for many businesses to help with temporary cash flow deficits or to take advantage of a new business opportunity right away.

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  • Capital when, where you need it
  • Support for letters of credit where needed
  • Competitive rate structures available

Real Estate Financing

If you’re looking to finance a commercial property, you need a solution geared to your business. Salem Five real estate specialists work to understand your business and market.

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  • Customized CRE financing options
  • Tailored to your business needs
  • Loans from $1 million to $25 million
  • Terms from 1 to 10 years

Business Credit Card

No matter which card you choose for your business, you'll enjoy important features like EMV smart chip technology, mobile purchasing, free employee cards, and more. Available to Salem Five customers only. Login to apply now.

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Choosing the right business credit card is easier than ever.

  • A range of cards and benefits
  • 24/7 account access
  • Employee credit cards