Partnering with You to Make Your Dreams Come True Since 1825!
Why is Millbury National Bank different from every other bank?
We know and understand that your business is your heart and soul. As a small community bank with Directors who are primarily 3rd and 4th generation stockholders, we can relate to the dedication you have to your business and the pride your business's brings to you. We are like family and we treat our customers like family too!
We pride ourselves on providing unmatched customer service to small businesses in and around the Blackstone Valley. It is what we have done best for over 185 years and plan on continuing to do for 185 more years.
At Millbury National Bank you are not just a file or an account number. You are a valued customer who will be known by your first name.
Small business owners do an excellent job of wearing many hats. We don't want to just be your bank, we want to be your partner and be invested in your success.
By focusing on small business banking, we understand the unique needs of small businesses and do our best to personalize our relationship with you to meet your specific needs. The added value this brings simply cannot be matched.
Lines of Credit
Millbury National Bank offers several types of business credit lines. For businesses with seasonal sales, get a line of credit that allows you access to funds during slow sales periods and lets you pay down the balance during heavy sales periods. The credit line balance must be paid out annually.
Another business credit line option is a revolving working capital loan. Similar to the seasonal credit line, it does not require an annual pay out but may have other restrictions.
Business lines are renewed each year based on the previous years financial performance and are collateralized by business assets.
Liquid Investment Property Line of Credit
Already own an investment property? Use the equity in your investment property to make those costly repairs and renovations. Increase your rents with updated units, improve the desirability of the property with an enhanced curb appeal, or leverage your equity to purchase new investment properties! Contact us for more information and take the first step to making your investment property everything you've dreamed it would be!
Term and Equipment Loans
Term loans are available to assist you with equipment purchases or other fixed assets that your business may need.
Real Estate Loans
Construction and commercial real estate loans are available for your business or for investment purposes.