eSpire™ Growth Loan

eSpire™ Growth Loans for New Haven and Fairfield County Small Businesses

Small business owners in Southern Connecticut understand the importance of quick access to capital for growth and daily operations. Bankwell, Connecticut’s largest state-chartered commercial bank, is proud to offer the eSpire™ Growth Loan, designed to meet the unique needs of businesses in Fairfield and New Haven counties.

This loan program features a fast and simple online application process, allowing businesses to apply for a $15,000 loan in just minutes. Approval and funding are available in as quickly as three business days, helping businesses cover short-term expenses, invest in growth, or manage cash flow with ease. The loan offers a fixed interest rate of 5.99% and a 5-year repayment term, providing predictable monthly payments and financial stability. Plus, there is no prepayment penalty, giving businesses the flexibility to payoff their loan early without incurring extra fees.

Workshop Discount: Business principals who participate in a one-hour business capital planning workshop (post-closing) are eligible for an additional 2% rate discount**. This workshop offers valuable insights into the universe of small business credit, empowering business owners with tools for long-term success.

*APR (Annual Percentage Rate) effective 2/4/2025.
Program, loan rate and terms subject to change. Business must be based in particular census tracts in Fairfield and New Haven Counties in Connecticut to apply.
** The 2% rate discount is awarded following the successful completion of the (approximately) one-hour business capital planning workshop, which concludes with a brief quiz to assess learnings. At such time, a loan modification, requesting the 2% discount will be processed. Processing of the loan modification will require approximately one statement cycle and will only be completed for loans in good standing.