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Equipment Loans

A skilled team is essential to business success. You also need the right tools to get the job done. Increase your efficiency and modernize your machinery with a Dime Bank Equipment Loan.

Equipment financing that's built to power your business

Customized financing for a wide range of industries and business types
Competitive loan rates hold down your overall interest charges
Repayment terms to match your needs and provide manageable monthly payments
Local decision-making leads to faster loan processing

Moving forward is a necessity in the modern business world.

New technology and engineering have led to rapid advances in construction equipment, factory machinery, medical office devices, computer hardware, and power tools & instruments for a wide range of businesses. Dime Bank's commercial lending team in Connecticut and Rhode Island can customize a loan package that helps you acquire the equipment you need to serve your customers and compete in today's marketplace.

Fuel your growing business with the cash needed to finance your projects. Contact Dime Bank or visit a branch to get started.

Ownership can be better.

Let our business lending team show you how financing a purchase can be a better move in the long run.

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

Qualifying for a business line of credit in high-demand markets like Greater Hartford, the Connecticut Shoreline, or Southern RI primarily depends on your company's cash flow and credit history. We look for stable revenue and a solid debt service coverage ratio. Because we understand the local economic nuances of our communities, we can often provide more flexible terms with faster response times than larger, out-of-state lenders.

Absolutely. Equipment financing is a core part of our small business lending portfolio. We provide term loans for machinery and specialized equipment, as well as vehicles for your fleet. Our local experts understand the specific industrial and commercial market demand in our region, ensuring a smoother approval process.

Financial clarity starts here
Remote Deposit For Business Keep deposits moving
Online Wire Transfers Make timely payments to your vendors
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Tip

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

Cash Management Services

Keep your cash working behind the scenes.

Cash management tools help you optimize balances while staying ready for everyday financial needs.

Learn more