HEALTHCARE BANKING
Commercial Line of Credit
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Who's eligible?
We offer this specialized line of credit to licensed and practicing doctors and dentists, optometrists, medical residents and fellows, veterinarians and other eligible medical professionals**.
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Ledyard assists with financing short-term business cash flow needs by offering this line of credit up to $250,000 with a low interest rate.
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Designed with specialized features that'll help your medical practice when you need it.
Let's Connect
If you'd like to learn more, book a complimentary call
with Kathy LeClair, Senior Vice President, today.
Or reach out to Kathy directly at (603) 640-2689
Key Features
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Loan amount up to $250,000
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A blanket lien on all business assets is required.
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Low interest rate and the ability to reduce the interest rate further with a Ledyard Financial Advisor relationship
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Low fee of $300
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Available only to practicing professionals
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Easy access to the money you need
Sometimes you need a solution to cover short-term working capital needs, such as covering payroll. This line of credit provides easy access to the money you need – you’ll be able to quickly transfer funds into your checking account to cover expenses.
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Subject to business, credit, and property (if applicable) approval. Some restrictions may apply. Program subject to change without notice.
Ledyard Private Banking is a division of Ledyard National Bank