Salem Five Business Credit

Customized Lending Options for Businesses in Transition

Our expert team takes a creative approach that’s tailored to the unique needs of your business. Leveraging Accounts Receivable and Inventory, we can offer Revolving Lines of Credit to provide critical working capital for specific types of businesses, including manufacturing, wholesale/distribution, retail and service providers. In addition to Revolving Lines of Credit, Salem Five can assist with term financing leveraging fixed assets and owner-occupied commercial real estate. Serving the greater New England area, Salem Five Business Credit can support businesses with borrowing needs from $3,000,000 to $25,000,000.

How we work:

Our team considers current collateral types and levels as well as recent historical and projected financial performance in order to structure credit facilities that can work for both borrower and bank. Salem Five Business Credit lends into various situations including business customers experiencing significant growth, significant seasonality, and those executing a turnaround or driving improvements in the overall performance of the company.

Other offerings:

Salem Five can offer a full suite of Treasury Management services for our business clients, including operating, cash concentration and controlled distribution accounts – easily accessed from our Corporate Online Banking platform.