Thinking About A Business Loan?  Think Local.

At times, every business needs extra funds – for new equipment, expansion, cash flow, and more. That’s when having a lender you can count on is invaluable. Litchfield Bancorp is part of the Connecticut Mutual Holding Company. That means we have more lending power than your average community bank. Being part of Connecticut Mutual Holding Company gives us a larger capital base, so we can make larger loans. We offer highly competitive rates, flexible terms, and the advantage of local decision-making and more personal service. So when you’re thinking about a business loan, think local. Think Litchfield Bancorp.

Lines of Credit Working Capital Loans
Provide short-term liquidity for seasonal cash flow demands, or other short-term credit needs.

Term Loans
Expand your business, renovate, purchase equipment, or finance any other long-term need.

Real Estate Loans
If you want to buy property to expand or improve your business, Litchfield Bancorp can lend up to 80% of the property’s appraised value.

Construction Loans
Offered at one fixed rate that automatically rolls into long-term, fixed-rate mortgage. Only one closing required; you choose date and time. Application fee is waived when land is financed too.

SBA and CDA Loans
We offer loans guaranteed through the Small Business Administration and the Connecticut Development Authority including the SBA “Low-Doc” program, which requires minimal documentation, and the CDA Preferred Lender program.