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Phil Fearon, SVP Commercial Lending

At Saco & Biddeford Savings, our commercial experts will work with you to custom fit a financing package that satisfies the unique requirements of your business.We understand that timing can be critical to any business. Since our decisions are made locally, we can offer speedy decisions and personalized service.

Our goal is to be part of your business team. We will meet with you at your office, home, work site or at any of our convenient locations. We offer competitive rates with both fixed and adjustable rate options. In addition, multiple payment plans are available to meet the cash flow needs of your business.

Some of Our Loan Features:

  • No Prepayment Penalties
  • No Balloon Payment Requirement
  • No Application Fee
  • Flexible Repayment Plans
  • Seasonal Payment Plans Available
  • Local Decision-Making Providing Rapid Response to Your Request
  • Single Closing Construction Loans