Rockland Trust Named Top SBA 504 Third Party Lender in Massachusetts

Rockland Trust was recognized by the U.S. Small Business Administration’s (SBA) Massachusetts District Office as the number one 504 Third Party Lender in 2023. 

 The SBA 504 program provides businesses with fixed-rate financing to assist with the purchases of large assets including land, buildings, or long-term machinery and equipment.

“As a bank built by business owners, we remain steadfast in our commitment to provide local business owners with the resources and advice they need to flourish,” said Jeffrey Hansel, First Vice President and SBA Market Executive at Rockland Trust. “This recognition is a testament to the meaningful relationships that our colleagues build within the communities we serve. Working alongside the SBA, we’re honored to continue investing in small businesses, thereby creating opportunities for our local economies to grow.”   

 Rockland Trust earned the highest recognition among banks in Massachusetts for the number of loans originated through the SBA’s 504 program during the federal fiscal year ending September 30, 2023. In that time period, the Bank provided over $21.8 million in 504 loans across Massachusetts.