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Avidia Bank Launches Online Loan Portal Exclusively for Businesses

May 23, 2016, 08:00 AM
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Topic: Banking News

Avidia Bank announced the launch of Commercial Lending Center™, a new online business loan application portal. Commercial Lending Center is the simple and secure way to help businesses get quick and convenient access to loans online.

Business loan customers can now request a business or commercial loan anytime, anywhere, on any device. Whether the need is for construction financing, buying real estate, purchasing new equipment, looking for working capital, or a term loan, Avidia Bank’s streamlined credit approval process gives customers quick and simple options for their funding needs. Business loan prospects request financing directly from Avidia’s website utilizing the online application. Commercial Lending Center then routes the request to the appropriate lender and streamlines the process for approvals. The business owner receives an immediate response to their request.

“We see an opportunity to facilitate access to credit in order for small businesses to thrive in our MetroWest Boston markets.” said Mark O’Connell, President & CEO of Avidia Bank. Commercial Lending Center allows Avidia’s lending team to offer speed and efficiency to their business customers, while still providing the personalized experience they expect.”

Avidia Bank provides state-of- the-art electronic banking capabilities to businesses and consumers across Central Massachusetts and beyond through on-line access and full-service branches. Avidia Bank is a $1.3 billion bank headquartered in Hudson, MA with branch locations in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough and Shrewsbury.


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