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About Us

Berkshire Business Lending

Because where you borrow matters!
Easy online application process
Options for businesses with <$5 million revenue
A team of business lenders supporting you

Borrow from a socially responsible bank invested in your community

For purchases and repairs, expansions and seasonal needs, a Berkshire Bank Business Loan provides affordable financing your company needs to take its next step.

Our business loan application is a fully digital process and for most loans can be completed in minutes. Plus, we’ve got a full team of Relationship Managers with the expertise and experience to guide your business to the products and services you need to grow. Apply online today or connect with any of us with questions. 




Information You'll Provide

Be prepared with the information and documents you'll need to apply for a loan or line of credit. This helps verify your business and key individuals associated with it. To complete your Business Loan application online or in person, you'll need some basic info, including:

  • Your Legal Business name and address
  • Your Tax ID Number and Social Security Number
  • Your personal information

Please note, anyone owning 20% or more of the business will be required to personally guarantee the loan.

Additional Documents for Loans $100,000 and Under
  • A valid driver's license, state-issued ID or passport to validate your identity
  • Proof of Ownership, Example:
  • Fictitious name/assumed name/DBA/trade name certificate or registration
  • Previous Tax Year K-1s
Additional Documents for Loans Over $100,000
  • A valid driver's license, state-issued ID or passport to validate your identity
  • 2 Years of Personal Tax Returns
  • 2 Year of Business Tax Returns
  • Year To Date Profit and Loss Statement
  • Current Balance Sheet
  • Current Debt Schedule
  • Current Accounts Receivable Aging Report
  • Current Personal Financial Statement for anyone owning 20% or more of the business and/or anyone providing a personal guarantee
  • Business Entity Documents (Articles, Bylaws, Operating Agreement, Partnership Agreement)

Berkshire Bank is a full-service financial institution with branches in MA, CT, VT, NY, and RI.

Why choose Berkshire Bank

Personalized service, tailored solutions and trusted advice enrich all of our client relationships.

Fill out the application anytime, anywhere
 
Digitally sign and upload documents
 
Complete the application in minutes
(sometimes longer for complex lending)