Business Loans
seCTer helps small and medium-sized businesses across eastern Connecticut access financing for expansion, equipment, relocation, and other growth opportunities, including projects that may not qualify for traditional bank financing.
Financing That Helps Businesses Move Forward
Whether you’re preparing to expand, investing in new equipment, or working to close a financing gap, seCTer can help you explore options. Our lending program supports regional business growth and works alongside traditional lenders and other partners when appropriate.
What Can a seCTer Loan Help Finance?
seCTer works with businesses on a variety of financing needs. Common examples include:
Equipment & Machinery
Purchase or upgrade equipment to improve productivity, increase capacity, or support new business opportunities.
Business Expansion
Finance growth projects, additional space, expanded operations, or investments that support long-term growth.
Business Relocation
Support eligible costs associated with moving or establishing your business in a new location.
Financing Gaps
Explore financing that may complement a bank loan or other funding source to help complete a project.
More Than a Traditional Lender
Our lending approach focuses on the business, its financing needs, and the potential impact of the proposed project.
Alternative Financing
We work with businesses that may not yet qualify for conventional bank financing but have a viable project and a clear plan.
Gap Financing
seCTer may be able to participate alongside banks and other funding partners when additional capital is needed to move a project forward.
Business Support
Beyond financing, we can connect businesses with advising services, technical assistance, and additional regional resources.
Connecticut Small Business Boost Fund
seCTer participates in the Connecticut Small Business Boost Fund, a statewide financing program for eligible small businesses and nonprofits. Learn more about the program and whether it may be a fit for your financing needs.
Explore the Boost Fund →How to Get Started
You don’t need to identify a specific loan program before reaching out. Start by telling us about your business and what you’re looking to finance.
Contact Our Lending Team
Share some basic information about your business, the financing amount you’re considering, and how you plan to use the funds.
Discuss Financing Options
We’ll review your goals and discuss whether a seCTer loan, the Boost Fund, or another financing resource may be appropriate.
Review the Next Steps
If there’s a potential fit, we’ll explain the application process and the financial or project documentation needed for further review.
Other Ways seCTer Can Help
Explore additional programs and services available to businesses throughout the region.
Questions About Business Financing?
Interested in learning more about seCTer’s lending programs? Contact us to discuss your business, financing needs, and potential next steps.
Dawn Rathbun-Shinn [email protected]