BUSINESS LOANS

Our Business Loan Solutions will make your borrowing hassle free! We offer competitive products, an easy loan process, personal attention and efficient and timely decisions. And all our decisions are made locally by individuals who understand the unique needs of our business community.

For more information on any of our business lending products call or email Jane Moriarty or her team today!

 

 

 

Jane Moriarty
VP of Business Lending
860.446.3381
800.962.3237 ext. 3381
email Jane

 

 

 

 

Holly DePerry
Business Lender
860.446.3313
800.962.3237 ext. 3313
email Holly

 

 

 

 

 

Dawn Sandvoss
Commercial Credit Manager
860.446.3318
800.962.3237 ext. 3318
email Dawn


Business Line of Credit

  • Credit limits: $25,000 or more
  • Interest only monthly payments
  • Competitive variable rate

Fixed-Term Business Loans

  • Loan amounts: $25,000 or more
  • Fixed asset loans: Terms up to 10 years
  • Predictable monthly payments
  • Competitive rates and terms

Commercial Real Estate Loans

  • Loan amounts of $100,000 or more
  • Terms up to 15 years with a maximum 30 year amortization
  • Amortizing & balloon payment schedules
  • No pre-payment penalties
  • Competitive rates and terms

Small Business Administration (SBA) Loans

Charter Oak is an approved SBA lender, offering a variety of SBA loan options to help you finance a new business, acquire commercial real estate, purchase business equipment, consolidate debt or increase working capital. We offer SBA 7a, 504 and Express loan programs.

  • Acquire commercial real estate for business use
  • Expand or modernize facilities
  • Finance working capital needs
  • Acquire an existing business

Enjoy these great offers!

 

EARN
 

3.00%apy*


ON GO CHECKING

ACCOUNTS


UP TO $10,000, PLUS ATM
FEE REBATES​


 

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* APY = Annual Percentage Yield

 

EARN
 

2.50%apy*


ON HEALTH SAVINGS

ACCOUNTS (HSAs)


NO SERVICE FEES!
PAY BY CHECK OR DEBIT CARD!


 

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* APY = Annual Percentage Yield

 

ACCELERATOR MORTGAGES
AS LOW AS

2.49%  /
2.55%apr**


 

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** APR = Annual Percentage Rate

 

AUTO LOAN RATES
AS LOW AS

 

 

2.64%apr**

 

 

CONVENIENT, LOW COST

AUTO LOANS!

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** APR = Annual Percentage Rate