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We want you to get the best loan.
Our ability to loan you money is strong, and so is our commitment to helping you get the best loan for your business. Today, we have the capacity to lend up to $17.5 million to Maine businesses, and the option to work with numerous correspondent banks to accommodate larger financing requests. So we're more than certain we can offer you the type of loan you need, with terms that work well for you. We'll even customize your repayment schedule to meet seasonal cash flow fluctuations. When you borrow from us, you’ll be dealing with local decision-makers who you know— and who know you.
We want you to get your loan when you need it.
Because all our loan decisions are made right here in Maine, we're able to give you answers quickly to better meet your needs and timeframe. Processing and approving your loan is done by local account officers working closely with you. In fact, you can call your loan officer directly anytime. For any reason related to your loan. Together, we'll come up with a solution that works for your company. Your business success and happiness matters to us.
Fixed or Floating
We offer both fixed and floating rate loans priced using standard industry indices.
Our business financing solutions include:
- Working Capital Lines of Credit
- Term Loans and Revolving Equipment Lines of Credit
- Commercial Real Estate Mortgages
- Guaranteed Loans
- Construction Loans
- Letters of Credit
- Floor Plan Lines
- Tax-Exempt Financing
Small Business Loan Applications:
Over $50k 
Under $50k
For more information on these loans, email us at Lending@bangor.com or call 1.877.Bangor1 (226-4671).
Our business financing offers flexible terms and competitive rates.
Choose from:
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Working Capital Lines of Credit
We offer revolving, non-revolving and asset-based lines of credit to facilitate short term receivable and inventory financing as well as the general working capital needs of borrowers.
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Term Loans and Revolving Equipment Lines of Credit
Good news for expanding companies! We offer customized term financing to acquire equipment, fund business acquisitions and meet other longer-term needs.
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Commercial Real Estate Loans
We have a variety of flexible mortgage products and pricing options for many types of properties, whether you are developing, purchasing, renovating, or expanding. We also have the ability to provide interest rate protection to fit each borrower’s unique needs.
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Guaranteed Loans
You benefit from our experience working with the Small Business Administration, Finance Authority of Maine, Rural Development, and other agencies with business loan and guarantee programs.
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Construction Loans
Interim and long-term financing for renovating, repairing, expanding, or building. Upon completion, we can automatically convert a loan into a long-term commercial mortgage without additional closing costs.
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International Services
If your business extends outside the country, we can arrange Letters of Credit and other international banking services through our international and domestic correspondent banks.
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Floor Plan Lines
We provide auto and truck dealers with financing for both new and used vehicles.
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Tax-Exempt Financing
We can provide short-term, tax-exempt financing to municipalities, S.A.D.'s, water/sewer districts, and other qualified tax-exempt entities to meet cash flow needs in anticipation of tax revenues and bond financing.
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