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Highlights
- Loans from $250,000 to $2,500,000
- Favorable interest rates
- Flexible terms to meet your needs
Who Can Qualify
- Businesses located in Connecticut
- In business for a minimum of 2 years, and up to $10 million in revenue
- Must meet Sovereign's basic creditworthiness guidelines
- The proposed project must create jobs in the State of Connecticut
- The borrower must open a Sovereign business checking account
Flexibility & Customized Solutions
- Financing for business acquisitions, real estate, equipment, and working capital
- Benefit from a variety of core banking solutions with attractive pricing
Additional Savings and Benefits
The Sovereign Job Foundation offers even greater savings on a selection of banking services that will help your business and your employees. Qualified borrowers can enjoy:
- A choice of either Free Business Checking or Business Checking Plus.
- Business Online Banking, our powerful online banking and bill payment system designed especially for business checking customers.
- A 20% discount on your first two orders of Deluxe checks, endorsement stamps, and other business products.
- Discounted Payroll Services for businesses with 10 or fewer employees. Includes payroll checks and register, tax filing, direct deposit, official checks, and online reporting.
- Special savings on Merchant Card processing services. Includes a 48-month terminal lease, free secured debit PIN pad, free online reporting and statements, 500 gift cards and no monthly minimum for bankcard processing.
- Free checking accounts with free online BillPay, discounted loans, investments, and preferential pricing on other financial services for your employees through our Partnership Banking Program.
- Additional online banking and cash management services to make the most of your financial position.
Next Steps
Complete the initial information request form. You will then be contacted by a Business Banking Representative.
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