Commercial Lending

1. How long does it take to get a commercial loan?

   As a community bank, we do not have the cumbersome layers that exist within the approval process at the money-center or regional banks. Most of our lenders are empowered to make lending decisions or direct recommendations that are often acted upon almost immediately following receipt of the necessary information. Our lenders recognize that each commercial loan is unique and, given their years of experience, have the ability to review and accurately assess the merits of each request in a timely manner so we are able to get to the decision-making stage sooner rather than later.

2. To what kind of businesses does South Shore Bank lend?

   SSB makes loans to a wide variety of businesses in the medical, retail, manufacturing and service industries. While we are interested in the industry in which you operate, we are more interested in the specific aspects of your business, your business model, your track record and your view of where your business is headed. We’ll take the time to get to know you and your business and then structure a customized financing package that meets your particular needs. We also lend to real estate investors and developers involved with a number of property types including office, retail, multi-family, industrial, etc.