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Loans & Credit Lines

Equity Business Line

Long-term revolving line of credit that may be used for short or long-term business borrowing needs.

Features:

  • Line is secured by equity in residential or commercial real estate
  • Line may be committed up to 5 years with no annual renewals required
  • Rates as low as Prime-1.0%
  • Monthly payments may be automatically debited from a People's United checking account
  • Local decision making

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