Loans to help small businesses achieve big dreams.

At Liberty Bank, our loan experts take the time to get to know you and your unique needs. Whether you’re a wholesaler, retailer or professional office group, we make it easier to get the funding your small business needs, without the time, costs, and red tape you’ll find at other banks. So go ahead, dream big. You can trust Liberty for the financing you need to grow with confidence.

Compare Our Business Loan Programs

Discover the different loan programs we offer to small businesses. You can learn more and apply for a loan at any Liberty Bank location, or by calling (888) 570-0773.

Term Loans

Commonly used to finance fixed assets, like equipment or vehicles, or to finance permanent working capital or long-term needs. Term loans include:

  • Amounts from $10,000 to $1,000,000
  • Competitive interest rates
  • No prepayment penalty
  • Flexible terms to meet your unique needs
  • The option to have monthly payments automatically deducted from your Liberty Bank account
  • An easy application process with quick turnaround times

Line of Credit

Commonly used by businesses that: need credit on a seasonal or cyclical basis; have fluctuations in cash flow; and/or purchase large amounts of inventory to take advantage of discounts. Lines of credit are typically secured by a blanket lien on all business assets. Lines of credit include:

  • Line amounts from $10,000 to $1,000,000
  • Competitive interest rates
  • The option to have monthly payments automatically deducted from your Liberty Bank account
  • An easy application process with quick turnaround times

Small Business Administration (SBA) Loans

SBA loans provide competitive interest rates for long-term financing. Our business lending experts know all the ins and outs of applying for an SBA loan and can help guide you through the loan process. As an SBA Preferred Lender, Liberty Bank is able to move quickly in providing the financing that your business needs.

Commercial Mortgage

Commonly used to purchase or expand real estate from which a business operates. Mortgage amounts range from $100,000 - $1,000,000. Terms are generally 5 – 20 years.

Apply for a Business Loan

Come into any of our Connecticut locations or simply call to learn more – (888) 570-0773.


Frequently Asked Questions

Here are some answers to common questions about business loans.

How do I contact a Liberty banker to discuss a business loan request?

Stop into your local branch to discuss your needs with a Business Banker or call us at (888) 570-0773. Our Business loan applications are quick and easy to fill out.

How long does it take until my loan is approved?

We strive for 24-48 hour turnaround time, though every request is different. Sometimes we need additional clarification or information in order for us to make the best decision.

If my request is approved, how soon will I close and have funds available?

We will make every effort to close your loan as soon as possible, sometimes as quickly as three business days. Our loans are closed at a Liberty Bank branch that is convenient for you.

I’m thinking of starting a new business. Will Liberty finance a start-up?

Liberty Bank does consider financing for new businesses. As with all new business ventures, the first step is a business plan. We can offer you guidance and resources including the various Chambers of Commerce, SCORE, the Connecticut Small Business Development Center, and the U.S. Small Business Administration to help you evaluate your likelihood of success and to help you build a business plan. Financing start-ups is difficult under the best of circumstances, and the current economic climate makes starting a business an even tougher proposition. At Liberty Bank, we work hard to make decisions to benefit the customer and the bank. If we are unable to assist you with financing your new business, we will refer you to our lending partners with whom we regularly work and may be better able to provide you with funding at an early stage until a more traditional banking relationship is more practical.

My small business is growing and profitable. Can Liberty continue to meet my credit needs as I grow?

Liberty finances profitable, successful businesses of all sizes and types and can lend well into the eight-figure range on its own. We are always excited by the growth of our business customers and have had a number of relationships which started with credit needs well below $100,000 and have grown to the point of needing different types of loans totaling in excess of $1,000,000. We’re happy to assist and want to be a part of your success.

My personal credit is not strong. Can Liberty still help me with my small business lending needs?

Personal credit plays a role in any lending decision made by a prudent lender. Over the years Liberty Bank, in its position as a strong community-minded bank, has counseled thousands of customers on personal credit issues. We know that everyone has unexpected occurrences in their lives which can hurt their personal credit history. We also know that problem credit issues can be repaired over time. We also may be able to refer a borrower to other lenders who offer products suited to differing credit profiles.

What is the interest rate on a Liberty Bank small business loan?

Unlike consumer loan products, interest rates on business loans vary by the nature of the business, the loan request, and the risk in the transaction. Liberty Bank’s rates are very competitive and, when coupled with our Small Business deposit products, give the business customer an attractive suite of products and services in a strong community bank environment.

Related Products and Services

Business Checking and Debit Accounts

Big. Small. In-between. Check out our checking accounts to find the best fit for your size business.

Business Savings

Say goodbye to minimum balance requirements. With tiered interest rates, the higher your balance, the more you earn.

Academy for Small Business

A comprehensive training program providing guidance to small business owners, as well as a $5,000 line of credit for those who qualify.

With Liberty Bank, you're going places. In this case, to a different website.

cancel continue
Disclaimer: Links to third party sites are provided for your convenience. These sites are not within the control of Liberty Bank and may not follow the same privacy, security, or accessibility standards as Liberty Bank. Liberty Bank does not warrant any offerings from the third party providers, nor is Liberty Bank responsible for the security, content or availability of any third party sites, or their partners.