Avidia Bank
Avidia Bank is an active SBA lender in Massachusetts, a bank offering SBA-guaranteed small-business loans. Currently rated 4.3 stars across 71 Google reviews.
$177M
in SBA approvals since 2011
295
SBA loans funded
Manufacturing · Dental Practices · Construction & Contractors
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Avidia Bank
Avidia Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various loan options including SBA 7(a) programs, which are ideal for working capital, equipment, or real estate purchases. Their experienced team guides clients through the application process, ensuring clarity and efficiency. Located in Hudson, MA, the bank emphasizes community banking with a strong commitment to local businesses. They support a wide range of industries, with particular strength in manufacturing and retail sectors. The bank's SBA program history showcases a solid track record of facilitating loans up to $1,300,000, helping small businesses access capital with favorable terms. Whether you're a startup or an established enterprise, Avidia Bank aims to foster business growth through flexible financing options and dedicated customer service.
Serves SBA borrowers in 4 states
Avidia Bank has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Avidia Bank finances
Business types Avidia Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Avidia Bank
What is this place and what can I find here?
This is a community-focused bank offering SBA loan programs and personalized financial services to small businesses in the Hudson area and beyond.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated time with a banking specialist, but walk-ins are also welcome during business hours.
What are the hours of operation?
Avidia Bank's Hudson location operates from 8:00 AM to 4:00 PM, Monday through Friday. Please confirm with the branch.
Is there a fee to use this?
There may be application and processing fees associated with SBA loans, which vary depending on the loan specifics.
Who is this open to — anyone, or only residents/members?
This service is primarily open to small businesses and entrepreneurs in the Hudson area and surrounding regions.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 is generally recommended for SBA loan qualification.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
Is this open on weekends?
No, Avidia Bank's Hudson location does not open on weekends. The branch is closed Saturdays and Sundays. Please confirm with Avidia Bank.
How do I get there and where do I park?
Avidia 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.
Who owns or operates this listing?
This page is an independent directory listing for Avidia Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Avidia Bank itself, which runs its own lending under its own ownership. If you work at Avidia Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Avidia 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 Avidia Bank before applying. If you represent Avidia Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Avidia Bank by phone at (800) 508-2265 or online at avidiabank.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 Avidia Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Avidia Bank most often finances businesses in restaurants & food service, manufacturing, dental practices, construction & contractors, general retail, and fitness & recreation. This reflects Avidia 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 Avidia Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Avidia Bank participates in SBA Express depends on its specific SBA lending authority. Contact Avidia Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
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. Avidia Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
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. Avidia Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Avidia Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Avidia Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
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 Avidia Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
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 Avidia Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Avidia Bank weighs this case by case under its own policy, so be upfront about your history and ask Avidia Bank how it evaluates prior bankruptcies.
