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May 25, 2016

Avidia Bank launches business-lending portal

Hudson-based Avidia Bank has launched a commercial-lending web portal to offer a quick and convenient way to access loans online.

The new portal features a streamlined approval process to allow businesses looking for working capital, to buy real estate, or to purchase new equipment to get moving on a commercial loan.

The online form is then routed to the appropriate lender. The online format is intended to offer small businesses even better access to the company’s lending, Avidia said when it launched the portal Friday.

Avidia Bank is a $1.3-billion bank headquartered in Hudson with branch locations in Hudson, Westborough, Clinton, Leominster, Marlborough, Northborough and Shrewsbury.

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