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Commercial Financing That Fuels Your Practice’s Growth

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  4. Commercial Line of Credit

Commercial Line of Credit

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.

  • 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.
  • Designed with specialized features that'll help your medical practice when you need it.
 

Highlights

    • Loan amount up to $250,000.
    • A blanket lien on all business assets is required.
    • Low interest rate and the ability to reduce the interest rate further with a Ledyard Financial Advisor relationship.
    • Low fee of $300.
    • Available only to practicing professionals.
    • 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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If you'd like to learn more about our Private Banking, book a complimentary call with Kathy LeClair, Senior Vice President, today.

Book a Call View Kathy's Bio
 

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

How can we help you plan for what's next?

Let’s talk about how Ledyard Bank can support your financial journey. Contact us or open an account today—it’s fast, easy, and all about you.

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