Growth Lending For Connecticut Businesses

Highlights

• Loans from $250,000 to $2,500,000
• Favorable interest rates
• Flexible terms to meet your needs

Who Can Qualify

• Businesses located in Connecticut
• In business for a minimum of 2 years, and up to $10 million in revenue 
• Must meet Sovereign's basic creditworthiness guidelines
• The proposed project must create jobs in the State of Connecticut
• The borrower must open a Sovereign business checking account

Flexibility & Customized Solutions

• Financing for business acquisitions, real estate, equipment, and working capital
• Benefit from a variety of core banking solutions with attractive pricing

Additional Savings and Benefits
The Sovereign Job Foundation offers even greater savings on a selection of banking services that will help your business and your employees. Qualified borrowers can enjoy:

• A choice of either Free Business Checking or Business Checking Plus.
• Business Online Banking, our powerful online banking and bill payment system designed especially for business checking customers.
• A 20% discount on your first two orders of Deluxe checks, endorsement stamps, and other business products.
• Discounted Payroll Services for businesses with 10 or fewer employees. Includes payroll checks and register, tax filing, direct deposit, official checks, and online reporting.
• Special savings on Merchant Card processing services. Includes a 48-month terminal lease, free secured debit PIN pad, free online reporting and statements, 500 gift cards and no monthly minimum for bankcard processing.
• Free checking accounts with free online BillPay, discounted loans, investments, and preferential pricing on other financial services for your employees through our Partnership Banking Program.
• Additional online banking and cash management services to make the most of your financial position.

Next Steps
Complete the initial information request form. You will then be contacted by a Business Banking Representative.