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Lines of Credit

Dime Bank can provide your association with a non-revolving line of credit to support your capital project. Interest-only payments are due during the construction period, while principal and interest payments begin after the work is completed.

Keep your project moving ahead with approved funds

Keep your project moving ahead with approved funds
Interest-only period available during construction, giving needed flexibility in budgeting
Dedicated specialist to assist through the entire process
Partner with loan decision-makers

Dime Bank is ready to fund your project.

Do not let a lack of reserve funds delay critical property upgrades or emergency repairs. Dime Bank specializes in working directly with association managers to navigate any size project. We understand that unexpected expenses happen, which is why we offer tailored funding solutions that fit your needs. Our local lending experts are ready to guide you through the process and build a flexible repayment plan that aligns perfectly with your association's budget. Contact us today to discuss how we can bring your next project to life.

Regardless of your medical specialty in Connecticut and Rhode Island, Dime Bank can provide financing options that work for you.

Commercial Lenders

Brian McNamara
Senior VP, Chief Lending Officer
Chris Gauthier
FVP, Commercial Lending Manager
Celeste Brouillard
VP, Senior Commercial Loan Officer
John Estelle
VP, Senior Commercial Loan Officer
William Rosadini
VP, Senior Commercial Loan Officer
Gerald R. Tavernier, Jr.
VP, Senior Commercial Loan Officer
Cindy Palmer
Assistant VP, Commercial Loan Officer
Denise Ogden
Assistant VP, Commercial Loan Officer
Matthew Voelker
Assistant VP, Commercial Loan Officer

Frequently asked questions

Absolutely. Dime Bank provides specialized commercial term loans and lines of credit designed for smaller to large-scale capital improvements. Common projects include roofing & siding, sidewalks and paving, pool refurbishment, or other common-area updates.

Qualifying for an association loan focuses on the collective financial strength of the community rather than individual members. Key factors include: low delinquency rates, reserve funding, owner-occupancy ratio, and review of historical financial statements.

Absolutely. Dime Bank provides tailored financing for mixed-use properties, including residential complexes with commercial or office space.

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Tip

Avoid borrowing more than you need. It can help keep costs manageable over time.

Short Term Loans

Keep your business moving forward.

With quick access to funds, you can navigate short-term needs without disrupting your larger financial plans.

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