Security Center Alerts
Avoiding Tax Penalties
Mistakes are common when filing and paying your taxes. In such a case, it's best to know what types of penalties you can incur and how to calculate them ...
Loans and Lines of Credit
Financing options for growth
The right financing option can ensure that you’re ready for growth on your terms. A term loan* or line of credit* from Salem Five can put you in a position to do just that. From purchasing equipment or vehicles and consolidating debt, to having capital on tap, a Salem Five term loan or line of credit can help you grow at your own pace.
Helpful Calculators
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Business Loan or Line of Credit?
Managing business debt strategically is key to long-term growth. The Business Loan or Line of Credit Payoff Calculator helps you plan smarter by showing how different payment approaches affect your payoff timeline, interest costs, and cash flow.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five Business Lending -
Purchase or Lease Equipment?
Determine whether purchasing or leasing equipment is more advantageous for your business. The Purchase vs. Lease Equipment Calculator helps you compare the true cost and benefits of buying versus leasing—factoring in cash flow, tax implications, depreciation, and long-term value.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five Business Lending -
Repaying a Business Loan
Know what your business loan really costs. The Business Loan Payoff Calculator estimates monthly payments, total interest, and payoff timelines—helping you plan cash flow and make smarter financing decisions.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five Business Lending
Other Articles of Interest
How Credit Card Dumps Work
Credit cards are everywhere; not only do most people have one, but many have several. Unfortunately, some individuals are looking to steal your credit card information ...
*Subject to approval. Property insurance, flood hazard insurance, appraisal or other requirements may apply.