preserving & enhancing wealth
Photo courtesy of Joe St. Pierre, JS Photography
Small Business Month Offer
Get a free retirement check up when you open any business checking account!
Open a business checking account during Small Business Month and receive a complimentary 401K Plan check up or retirement savings check up.
SMALL BUSINESS CHECKING ACCOUNT
This non-interest-bearing account is perfect for businesses with low monthly transaction activity.
With no minimum balance, no monthly maintenance fee and no items deposited fee, you and your small business will benefit from this relationship with Ledyard.
Open Now
Details:
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No minimum balance
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No monthly maintenance fee
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First 5 Deposits free ($.050 each thereafter)
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No Items deposited Fee (items include checks deposited, paid or cashed)
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First 30 checks free ($.20 each thereafter) for withdrawl charges
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No earnings credit
BUSINESS MONEY MARKET ACCOUNT
Open a new Business Money Market account
with $25,000 in new-to-bank money and earn 2.50% APY**.
Small Business Line of Credit
Sometimes you need a cash-flow solution! We offer this flexible line of credit within a matter of days with our simple online application.
Key Features:
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Loan amount up to $50,000
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Quick turnaround with online application
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Easy access to the money you need, when you need it
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A blanket lien on all business assets required
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Low $300 fee
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Interest is based on your credit score
Small Business Term Loan
Looking to purchase equipment or make improvements? Access the funds you need within a matter of days with our simple online application.
Key Features:
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Quick turnaround on loans up to $100,000
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Up to 100% of purchase financed
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Flexible term options up to 10 years
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Low $300 fee
Let's start a conversation
Learn more about how we can help your business flourish at every stage of growth.
Reach out to Mark Heller, Business Banking Relationship Manager, today.
** The annual percentage yield (APY) disclosed above, effective March 13, 2024, is available if new account is opened with a minimum deposit of $25,000 in new money not currently on deposit with Ledyard National Bank. Interest accrues daily, no minimum balance. Fees may reduce earnings. The annual percentage yield may change in accordance with the terms and conditions of the account. This offer cannot be combined with other offers and may be discontinued at any time.
*** Loan offer disclosure here
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