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Business Loans
Investing in your business is a proven way to defeat your competition.
The Milford Bank offers a variety of loans and services customized to
the size of your business and the scope of your goal. Let our Business
Banking specialists determine the lending solution ideally suited to your
business.
Seasonal
Lines of Credit
Not all businesses can maintain a steady cash flow. A 12-month Seasonal
Line of Credit can help your company meet short-term cash flow needs,
obtain seasonal working capital, maximize your financial resources, and
improve your liquidity.
Short-Term
Loans
If your business requires the financing of additional inventory or a high
volume of accounts receivable, a Short-Term Loan may be the ultimate solution.
Our Short-Term Loans are traditionally less than a year, and feature highly
competitive rates.
Term
Loans
We've helped many area businesses expand successfully through financed
equipment purchases made with a Term Loan. With financing repayable up
to 5 years, a Term Loan provides the capital you need for equipment, machinery
and vehicles-with the financial benefit of an extended payment period.
Letters
of Credit
Your business needs The Milford Bank to stand behind it. The Milford Bank
offers stand-by financing for inventory purchases or bonding required
for construction projects. Let us tailor a letter to meet the specific
demands your next project.
Commercial
Mortgages
Looking to expand, renovate or move to a more suitable location? The Milford
Bank can offer your business a Commercial Mortgage loan with competitive
rates and terms custom-tailored to your business. Whether you plan to
acquire, build or expand your commercial property, you'll enjoy the benefits
of long-term financing-plus the responsive customer service and local
decision-making that's made us Milford's #1 mortgage lender.
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