Beacon Bank and Trust

This is a regional bank offering SBA loan programs designed to help small businesses grow and succeed. You can find personalized financial solutions, expert guidance, and support for various business needs through their SBA 7(a) lending services.

It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Contact the branch ahead of your visit for the best experience.

The Brookline branch is open Monday–Wednesday 8:30 AM to 4:30 PM, Thursday–Friday 8:30 AM to 6:00 PM, and Saturday 9:00 AM to 1:00 PM. Confirm current hours directly with Rockland Trust.

There are no fees to visit the branch; however, fees may apply for specific banking services or loan processing, which will be disclosed during your consultation.

This bank primarily serves small business owners and residents in the Massachusetts region, but eligibility for SBA loans is based on business criteria and creditworthiness.

A minimum personal credit score of approximately 650 is generally preferred for SBA loan applications.

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

Yes, the Brookline branch is open on Saturday from 9:00 AM to 1:00 PM. Confirm with Rockland Trust.

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

The core details for Beacon Bank and Trust — 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 Beacon Bank and Trust before applying. If you represent Beacon Bank and Trust, claim this listing to keep its information up to date.

You can reach Beacon Bank and Trust by phone at (857) 524-1680 or online at rocklandtrust.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Beacon Bank and Trust before relying on them.

Based on its approved SBA loans, Beacon Bank and Trust most often finances businesses in construction & contractors, restaurants & food service, general retail, manufacturing, cleaning, landscaping & janitorial, and wholesale & distribution. This reflects Beacon Bank and Trust'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 Beacon Bank and Trust which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Beacon Bank and Trust participates in SBA Express depends on its specific SBA lending authority. Contact Beacon Bank and Trust and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Beacon Bank and Trust can confirm its current PLP standing — ask before you apply if speed matters to you.

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. Beacon Bank and Trust's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Beacon Bank and Trust 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 Beacon Bank and Trust 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 Beacon Bank and Trust 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 Beacon Bank and Trust 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. Beacon Bank and Trust weighs this case by case under its own policy, so be upfront about your history and ask Beacon Bank and Trust how it evaluates prior bankruptcies.