Andover Bank has years of experience helping local businesses access lending programs through the U.S. Small Business Administration (SBA). SBA loans typically offer lower rates and longer repayment terms than traditional financing options. The Andover business banking team can help determine if an SBA loan is right for your business needs.
We participate in the following SBA loan programs:
- 7(a) Guaranty Loan Program
- SBA Express
- CDC/504 SBA Loan Program
- Additionally, we participate in the Ashtabula County 503 Corporation loan program