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Financing is available for the following cases.
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Commercial Real Estate Loans
Financing or refinancing available for real estate investments including mixed use, retail, office, industrial, residential & other real estate secured loans.
Financing available for acquisition, development, spec, condo conversion & investment property, retail & multifamily.
Financing available for 5-20 unit residential properties.
Financing available for the acquisition of residential 1-4 family real estate property for investment opportunities.
Financing available for land acquisition & infrastructure development.
Lines of Credit / Other Business Loans / C&I
Lines of credit, secured by real estate are available as a first or second mortgage. Financing is also available for working capital, equipment inventory, vehicles, other business assets and unsecured lines of credit.
Small Business Administration (SBA)
Pilgrim Bank is an approved lender for the Small Business Administration (SBA). We specialize in SBA Grow Loan Program (504) & SBA Advantage Loan Program (7a) loans which allows for flexible financing packages. Limited down payment programs are available. For more information on SBA loans, call one of our commercial loans officers at
(781) 383-0541, or visit the SBA website.