Haverhill Bank

This is a financial institution offering SBA loan programs and business financing solutions designed to help small and medium-sized businesses grow. You can find information about loan options, application processes, and personalized support tailored to your business needs. The staff is experienced in guiding clients through the SBA lending process to ensure a smooth experience.

Ask Haverhill Bank directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Haverhill Bank's website or call before you visit.

Browsing this directory is free. Any loan fees are set by Haverhill Bank and the SBA program — ask the lender for its current schedule.

This bank primarily serves small business owners and entrepreneurs within the region, but eligibility depends on meeting specific loan criteria rather than residency alone.

Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Haverhill Bank what it looks for today.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most bank SBA teams work weekdays; confirm with Haverhill Bank before planning a weekend visit.

Haverhill Bank is located in Massachusetts — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Haverhill Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Haverhill Bank itself, which runs its own lending under its own ownership. If you work at Haverhill Bank, you can claim this listing from this page to manage it.

The core details for Haverhill Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Haverhill Bank before applying. If you represent Haverhill Bank, claim this listing to keep its information up to date.

You can reach Haverhill Bank by phone at (978) 374-0161 or online at haverhillbank.com — the same details are in the contact card on this page.

Based on its approved SBA loans, Haverhill Bank most often finances businesses in construction & contractors, restaurants & food service, cleaning, landscaping & janitorial, automotive repair & services, and medical practices & clinics. This reflects Haverhill Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Haverhill Bank which sectors it actively lends to before you apply.

Haverhill Bank is a Designated SBA Lender providing SBA Express loans. Contact them at (978) 374-0161 to discuss SBA Express options and confirm current program availability.

Whether Haverhill Bank has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Haverhill Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Haverhill Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Haverhill Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Haverhill Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Haverhill Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Haverhill Bank weighs this case by case under its own policy, so be upfront about your history and ask Haverhill Bank how it evaluates prior bankruptcies.