Small business owners need more support than ever to navigate the ups and downs of the marketplace today.
Giving you a sense of certainty in uncertain times is valuable. And it’s at the heart of all we do for you here at Seneca Savings. Many banks offer similar types of commercial loans. What makes your experience with us different is our people. It’s an honor to have some of the finest commercial lending leaders in the business right here at our local bank branches. They’re at the ready – to walk beside you through thick and thin and help put you in the best possible position to grow and support your business. As you listen to our true stories from hardworking business owners from across the state and right here in our own backyard, see us through their eyes until we have the opportunity to meet you and learn more about what your greatest opportunities, and challenges are.
Local decisions at a local bank that has big bank technology with savvy, committed, and focused team to help you get from here… to there.
Your Business Loan Experts
Commercial Term Loan
For equipment, fixed assets, or permanent working capital, ask us about commercial term loans tailored to your needs with repayment terms up to 5 years.
Commercial Mortgage Loan
Seneca Savings can help you manage finances for property acquisition or to refinance existing debt. With long and short term options and attractive variable rate financing, we’ve got you covered.
Commercial Mortgage Access Line of Credit
This line of credit is secured by real estate. Seneca Savings offers low monthly payments, variables rates, and this line of credit is not required to adhere to a 30-day clean out requirement.
Working Capital Line of Credit
A flexible solution for your short-term borrowing needs. Alleviate cash flow shortages, finance receivables, purchase inventory—use it as you need. Your credit limit can be accessed throughout the life of the line.
Commercial Access Line of Credit
Like the Commercial Mortgage line, we commit to low monthly payments, variable rates, and you don’t need a 30-day cleanout. The difference is that you don’t have to secure it with real estate.
Equipment Lines of Credit
If you set an available dollar amount for equipment purchases, you can rest assured that funds will always be available up to that amount. Loan terms are available for up to 60 months.
Overdraft Line of Credit
Even when you plan ahead, checking overdrafts can happen. Through Seneca Savings, your Overdraft Line of Credit automatically covers your debits, purchases and checks up to your available limit. It’s convenient protection against the unexpected.
When planning property renovations or construction, consider financing options through Seneca Savings. We offer flexible solutions, including interest-only financing options through the construction period.