Business Lending
Your business is OUR business!
With decades of collective experience, our business lenders help entrepreneurs like you turn their dreams into a reality.
Whether you need a business loan, or a line of credit, we take the time to understand your business and provide solutions that meet your financial needs. We offer loan terms and conditions that help ease your financing concerns, and make it simple for you to repay your loan.
Let us find the perfect solution for you!
Business Spotlight
First Church Holdings
Ragged Mountain, located in Danbury, NH offers acres of trails and skiable terrain during the winter months. During the spring and summer, it transforms into a picturesque wedding and retreat venue.
Ragged Mountain is owned by six close friends who grew up skiing on the mountain and have deep ties to the area.
They all share a common goal of keeping Ragged Mountain tied to their community, while maintaining affordability for visitors, and promoting outdoor recreation. When asked about their experience obtaining financing through Franklin Savings Bank, Tristan Whitman, one of Ragged Mountain’s new owners, commented, “Ten times out of ten we would have chosen FSB.”
We are proud to have Ragged Mountain as one of our valued business customers. As a local community bank, we understand the unique needs of small businesses and are committed to providing personalized service and financial solutions that help them grow and thrive. That’s why we believe in Growing Stronger Together!
Commercial Mortgages
The location of your business is one of the biggest decisions you will make! Let us assist you with a competitive commercial real estate loan.
Our application process is easy, and you can be confident in our excellent repayment terms and competitive rates, backed by our knowledgeable business lenders who are responsive and helpful.
We’re here to provide you with guidance on all the details.
Benefits
- Quick loan decisions
- Equity can be used as down-payment¹
- Automatic payments available
- Competitive rates & terms (up to 25 year terms)
¹Available for use on initial purchase, construction, refinancing, renovation, or accessing equity.
Construction Loans
Construction loans are perfect for the business owner who wants to expand by building a new building or structure on a piece of land, or give an existing property a makeover.
Repairs and construction can be costly, but our expert lenders make it simple to apply and get approved.
Benefits
- Use for initial construction, renovations, expansions, repairs, and more
- Competitive rates & terms
- Monthly interest-only payments during construction phase based on outstanding balance
- May be used for the full cost of project¹
- Option to transition to permanent financing when construction is completed
¹If terms are met. Consult with a Commercial Lending Officer for details.
Equipment Loans
There are so many things to think about when you own a business. You shouldn’t have to worry about whether you have enough capital to afford new equipment when you need it.
That’s why we offer competitive rates on equipment loans—so you can purchase the items you need to run your business effectively!
Benefits
- Finance new or used equipment
- Finance replacement or upgraded equipment
- Competitive rates & terms
- Competitive down payment requirements
- Reasonable payment options available
- No prepayment penalties
Letters of Credit
We’ve got your back when it comes to your business. Our Commercial Lending Team helps you structure letter of credit terms that best meet the needs of your business—so you can have the funding you need, when you need it.
Our letters of credit serve as a guarantee for payment to a person or financial institution under specified conditions.
Benefits
- Can be used in place of an insurance bond
- Typically irrevocable for the term
- You pay no interest if you don’t use it
- FSB’s backing allows you to transact business with a third-party requiring evidence of payment guarantee
- Can assist with construction projects
Line of Credit
As your business evolves, you may want access to funds for other needs. A line of credit from Franklin Savings Bank will help improve your cash flow.
We can help you take the next step to reach your business goals. Our business lenders make it fast and easy to apply.
Benefits
- Monthly interest-only payments
- Short-term or seasonal cash flow needs
- Deposits directly into your account
Business Relationship Team
We’re committed to your success!
Heather Capraro
Regional VP, Senior Business Relationship Officer
Direct Line: 603.393.6847
Email: Heather.Capraro@fsbnh.bank
Barbara Laros
Commercial Lending Team
We’re with you every step of the way!
Jon Jones
SVP & Senior Loan Officer
Direct Line: 603.934.0401
Mobile: 603.455.5450
Email: Jon.Jones@fsbnh.bank
Mary Jane Ricker
SVP, Commercial Loan Officer
Direct Line: 603.934.8365
Mobile: 603.455.0741
Email: Mary.Ricker@fsbnh.bank
Michael Duval
SVP, Commercial Loan Officer
Direct Line: 603.934.0409
Mobile: 603.393.7734
Email: Michael.Duval@fsbnh.bank
Chris Dickinson
SVP, Commercial Loan Officer
Direct Line: 603.934.8308
Mobile: 603.520.9590
Email: Chris.Dickinson@fsbnh.bank
Ken Sawyer
VP, Commercial Loan Officer
Direct Line: 603.934.0471
Mobile: 603.455.7266
Email: Ken.Sawyer@fsbnh.bank
Todd Watson
VP, Commercial Loan Officer
Direct Line: 603.934.8376
Mobile: 603.455.7975
Email: Todd.Watson@fsbnh.bank
Sean Skabo
VP, Commercial Loan Officer
Direct Line: 603.934.8337
Mobile: 603.496.6749
Email: Sean.Skabo@fsbnh.bank
Switching Banks
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