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Sippin Energy Products | Monroe, CT

Meet Our Lenders

Commercial Loans

Whether you need a term loan, a line of credit or a mortgage for your facilities, you'll experience the "Power of Local" decision-making with personal service from start to finish. We’re a Preferred Small Business Administration (SBA) lender too!

Headshot of Mary Jascha
Mary Jascha
First Vice President
Senior Commercial Lending Officer
NMLS# 1099166
More about Mary
Headshot of Whit Holden
Whit Holden
Vice President
Commercial Loan Officer 

NMLS# 1440924

More about Whit
Headshot of Vinny DiGilio
Vinny DiGilio
Vice President
Commercial Loan Officer 

NMLS# 764718

More about Vinny
Headshot of Ray Fed
Ray Fed
Vice President
Commercial Loan Officer 

NMLS# 2542195

More about Ray
Headshot of Margot Melass
Margot Jane Melaas
Vice President
Commercial Loan Officer
NMLS# 1064058
More about Margot
Headshot of Lars Edgren
Lars Edgren
Vice President
Commercial Loan Officer
NMLS# 2094802
More about Lars
Headshot of Michael Pida
Michael Pida
Vice President
Commercial Loan Officer
NMLS# 115804
More about Michael

Commercial & Industrial Lending

We have options available to address your short term working capital requirements, to finance capital expansion of your existing business or to pursue acquisition opportunities.

Commercial Mortgages

We offer competitive commercial mortgage rates and terms for owner-occupied or investment properties. Permanent as well as construction-to-permanent loans are available to help you acquire, build, renovate or expand your commercial property.

Construction Lending

Need construction financing? From small projects to large developments, we offer loans to facilitate various types of construction. With flexible terms and competitive interest rates, our bankers will work with you and your contractor to help make your commercial project a success – be it financing for office, manufacturing or warehouse space, land development, residential subdivisions, multi-family housing and condominium/townhouse construction.

Letters of Credit

We offer standby letters of credit, typically used to support bid bonds or performance bonds, or to facilitate trade between unrelated parties.

Condominium Association Capital Improvement Loans

Does your Condo Association need financing for capital repair projects? We have many years of experience working with associations and home ownership organizations and can design financial solutions with short or long term financing up to 100% at attractive rates for capital improvements such as:
  • Roofing
  • Siding
  • Windows
  • Paving
  • Decks
  • Landscaping
SBA Loans
SBA Express
Enhanced loans for up to $500,000 that we can approve right here at Newtown Savings Bank.

504 Loans
Provides up to 90% financing for business owners seeking to purchase owner-occupied real estate with a 50% conventional first mortgage and up to 40% second mortgage funded through an SBA debenture.

Long-Term Financing
Fixed-rate financing for expansion or modernization of facilities and equipment financing.

7(a) Loan Guaranty Program
Enables qualified businesses to obtain financing, even when they are not eligible through traditional lending programs.

Bank at Work Program

Our Bank at Work Program is an exclusive package of discounts designed to benefit the employees of our valued business and municipal clients. We can come to your place of business and provide employees with information.
  • Bonuses for opening checking and savings accounts
  • Higher rates for money market savings
  • Mortgage loan discounts... and much more!
Speak with one of our lenders or business relationship bankers today.