The SBA resumed accepting PPP loan applications on Monday, April 27 at 10:30AM EDT. Please contact your Webster Business Banker for more information. Please keep in mind the granting of a PPP loan is contingent upon the sustained availability of federal funding of the Program.
To inquire about an alternative Fast Track loan, please contact your Webster Business Banker.
Fast Track business loan
Apply for the funds your business needs today. Get on the Fast Track, our fast and easy application process.
- Competitive terms and rates
- Access to our Certified Business Bankers1 for advice on increasing your income, reducing expenses and improving cash flow
- Our business suite includes solutions that address the liquidity, efficiency and security needs of your business
Fast Track your business loan application
Whether you’re a sole proprietor or a small business with 250 employees, you’re moving at the speed of business. Through Fast Track, you can quickly and easily apply for up to $250,000 to address your most-pressing needs: equipment, expansions, inventory, your fleet — even staffing.
A committed business relationship for better and for worse
The 2010 flood was the worst to hit Providence in 200 years—and it destroyed 85% of Leo Tracey’s manufacturing equipment. Inventory depleted rapidly, leaving customers hanging. The business needed imaginative ways to recover—fast.
Seven years later, Leo needed the same kind of responsiveness to capitalize on an acquisition, a growth opportunity that could increase their sales up to 40%.
All credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information, which could impact the approval process. Certain terms and conditions may apply. Total business loan exposure at Webster Bank cannot exceed $250,000 and loans can only be secured by business assets, excluding real estate. Requires a Webster business checking account, which must be opened prior to loan closing and which must be used for auto-deduct of payment.
1Certified Business Banker. Webster teamed with Moody's Analytics to certify its bankers in financial analysis, risk evaluation and management expertise.