Business Term Loans & Lines of Credit

Term Loans

For longer-term fixed capital and expansion needs

If you are looking to expand your business, consider a term loan from Lowell Five Bank. Term loans are ideal for capital needs, whether you want to expand your current operations or purchase equipment.

Term business loans generally range from one to seven years, may be secured or unsecured, and come with a fixed or variable rate.

Lines of Credit (LOC)

Flexibility for your business needs

If your business is growing faster than expected or has fluctuating cash flow, consider a Lowell Five Bank LOC. LOCs are particularly helpful for cyclical businesses that require off-season working capital. They provide more flexibility than business term loans.

With a revolving line of credit, you can borrow up to your established limit and pay interest only on the portion of the money that you borrow. Renewable annually, a revolving line of credit makes sense to balance the highs and lows in cash flow so common to many businesses.

Moments in Bloom

Rose of Sharon is a business built on connection, from the flowers they grow to the bonds they’ve nurtured with other local businesses. It’s a place where customers feel like neighbors, and the beauty of each arrangement brings people together. Hear Melissa’s inspiring story and discover how, even when challenges arise, she’s found ways to keep blooming!