Business Lending

Solutions for your company's financing needs.

For decades, our experienced team of professionals has been building strong relationships with businesses of all sizes and industries throughout New England. We make it efficient and easy to get you the financing your business needs. With local decision making, we deliver a range of affordable and flexible commercial lending solutions, such as:

  • Working capital lines of credit
  • Equipment and machinery financing
  • Commercial vehicle financing
  • Commercial boat loans
  • Inventory loans
  • Business term loans
  • Letters of credit
  • Commercial real estate mortgages
  • Construction loans
  • Permanent real estate financing
  • Land acquisition and development loans

For more information and to make an application, contact your local Commercial Banker.

Applying for a Commercial Loan

Do you need financing for your business but aren’t sure where to start? This video will help you understand the basics of applying for a commercial loan at a bank.

Phone iconGive us a call at 207-669-6811 when you are ready to talk about your business needs.

Agency Guarantee Programs

When there are gaps between what you want to do and what the bank can do, agency guarantee programs can often be the bridge. Frequently, these programs are used when capital and/or collateral are lacking. For young or start up businesses, sometimes an agency guarantee is the solution to getting your first loan. Turn to us for in-depth expertise on many small business financing programs, including:

  • Small Business Administration
  • USDA Rural Development
  • Finance Authority of Maine
  • New Hampshire Business Finance Authority
  • Vermont Economic Development Authority

All applications are subject to approval

The Bank Secrecy Act requires us to gather information when opening new accounts or renewing existing accounts. The rule requires the Bank to obtain, verify and record information about beneficial owners of legal entities. FinCEN has adopted what they describe as a “two pronged” approach to beneficial ownership. The ownership prong includes all natural persons with 25% or more direct or indirect equity interest in a legal entity; while the control prong is a single individual with significant managerial responsibility over the legal entity. We will ask to see a copy of each person’s identification and record information from each of them. To help you gather the required information click here to see the Certification Regarding Beneficial Owners of Legal Entity Customers form. Please visit your local branch for more information or call 888-853-7100.