When running a business, you want a financial partner who can help you see what’s possible and then create the blueprint to get there. Our lenders take the time to understand what you do, listen to your needs and goals, and then craft a lending solution to match. As a builder of dreams, we appreciate the chance to help you pursue yours.
Our Business Lending Team is here to answer any of your questions, call us at 888-931-BLUE.
SBA 7(a) LOANS
As a Small Business Administration approved lender, we’re here to provide you with customizable loans in a variety of loan categories offering easier qualification, longer terms, and lower down payments on fixed assets vs. most standard loans. Loans are available to for-profit businesses that may not qualify for a conventional loan.
BLUE CARBON® BUSINESS LOANS
Blue Foundry Bank is not your ordinary lender, as we take your success personally. We understand that the number one priority for you is access to capital and a partner that will take the time to understand your business and its goals. That’s exactly why we offer a new slate of business loans to both small and middle market businesses with customized terms and options.
COMMERCIAL REAL ESTATE LOANS
If your ambition is to own multi-family buildings, mixed-use buildings, retail centers, office buildings or industrial buildings, we provide the financing to make it happen. It’s how we advocate for you and elevate this community. You get competitive rates, flexible terms, quick turn-around and the support of local lenders who are passionate about helping you be your best.
Our history of funding construction in the area dates back to the 1870s, so we know a thing or two about what it takes to build financial solutions that last. Here’s what we bring to the table: significant lending experience, local knowledge, competitive pricing, fast and responsive service, and a close working relationship with developers in New Jersey. All of that matters.
SMALL BUSINESS LINE OF CREDIT
Take your business to new heights with a Small Business Line of Credit from Blue Foundry Bank. Enjoy the advantages of having cash at your fingertips, providing your business with the financial versatility you need to grow and expand your business. Borrow only what you require and manage repayments effortlessly, with only principal and interest payments on the funds you use.
PROPERTY MANAGEMENT TOOLS
Simple, secure, and cost-free, ZDeposit and ZRent are designed to make easy work of rental finances for both tenants and landlords. These automatic online property management tools for security deposits and rent collection allow you to access their detailed dashboards for easy tracking anytime, anywhere.
ZDeposit includes built-in compliance tools, the option to open security deposit accounts online and the ability to send annual interest payments directly to tenants. Learn More
ZRent provides automatic rent collection, the capability to consolidate multiple tenant payments and reliable payment processing. Learn More
AUTOMATIC LOAN PAYMENTS
Our automated funds transfer service is an effortless way to have your loan payment automatically deducted from your checking or statement savings account. When you enroll, the funds are then electronically submitted to us for immediate credit to your loan.
BUSINESS CREDIT CARDS
Every business is made differently, with unique spending needs. It’s why we offer a variety of credit cards that accomplish your specific goals, whether it’s earning rewards points, getting cash back, or paying down balances faster. All of our cards serve as an expense management tool featuring no fee for additional employee cards, EMV smart chip technology for added security, and mobile payment capability for added convenience.