This non-interest-bearing account is perfect for businesses with low monthly transaction activity.

With no minimum balance, no monthly maintenance fee and no items deposited fee, you and your small business will benefit from this relationship with Ledyard.
 

 Open Small Business Checking  

Key Features:

• No minimum balance

• No monthly maintenance fee

• ​$10 minimum to open

• First 5 Deposits free ($.050 each thereafter)

• No Items deposited Fee (items include checks deposited, paid or cashed)

• First 30 checks free ($.20 each thereafter) for withdrawal charges per month

• Free eStatement or $3 monthly service fee for printed statements

Want to compare all of our business checking accounts?  Visit our business checking accounts page here.

BUSINESS MONEY MARKET ACCOUNT

Open a new Business Money Market account

with $25,000 in new-to-bank money and earn 2.50% APY*.

 Open Now  

                  

SMALL BUSINESS LINE OF CREDIT 

Sometimes you need a cash-flow solution! We offer this flexible line of credit within a matter of days with our simple application.**

Key Features:

• Loan amount up to $50,000

• Quick turnaround with online application

• Easy access to the money you need, when you need it

• A blanket lien on all business assets required

• Low $300 fee

• Interest is based on your credit score

SMALL BUSINESS TERM LOAN

Looking to purchase equipment or make improvements? Access the funds you need within a matter of days with our simple application.**

Key Features:

• Quick turnaround on loans up to $100,000

• Up to 100% of purchase financed

• Flexible term options up to 10 years

• Low $300 fee

Let's start a conversation

Learn more about how we can help your business flourish at every stage of growth.
Reach out to Mark Heller, Business Banking Relationship Manager, today.  

Connect With Mark

* The annual percentage yield (APY) disclosed above, effective March 13, 2024, is available if new account is opened with a minimum deposit of $25,000 in new money not currently on deposit with Ledyard National Bank. Interest accrues daily, no minimum balance. Fees may reduce earnings. Free eStatements or $3.00 monthly service fee for printed statements. The annual percentage yield may change in accordance with the terms and conditions of the account. This offer cannot be combined with other offers and may be discontinued at any time.

**Small Business Line of Credit and Term Loans are Subject to business, credit and property (if applicable) approval. Some restrictions may apply. Program subject to change without notice.