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  Holiday Closing
Spencer Savings Bank will be closed November 28th in observance of Thanksgiving Day. For your convenience, account information can also be accessed 24/7 through our online banking, mobile banking and telephone banking platforms. Read Full Message

Revolver-To-Term Loan

This revolving loan can help with the financing of machinery, equipment or company vehicle purchases. Interest-only is paid for the first year, allowing lower monthly payments to give your business a head start. Following this period, the loan revolves into a fixed rate term loan, which can be tailored to your company’s needs.

Revolver-To-Term features:

  • Loan Amounts up to $10 Million
  • Interest Only Paid for the First 18 Months
  • Flexible Term Options Available
  • Choice of Fixed or Variable Rate for Term Loan
  • Local Decision Making
  • Monthly Itemized Statements

We are here to provide assistance and personalized assistance as the needs of your business change. Let Spencer help you with your financing needs.

Inquire Now

Contact Us Today

Sergio Musacchio

SVP, Director of Commercial & Industrial Lending and Small Business Finance 1-201-703-3827