Construction Financing

These loans are structured with interest only payments on funds advanced during the construction period. Then it will convert to regular payments of principal and interest based on your desired term. Only one closing is required to help keep your costs down.

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Equipment Financing

If your business needs a new truck, steamroller, x-ray machine or pizza oven, now might be the time to consider equipment financing with Saco & Biddeford Savings. These loans are available with various terms.

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Working Capital Lines of Credit

If your over-all cash flow is good but sporadic or seasonal, a working capital line of credit might be what your business needs to smooth out the bumps in the road and continue to operate business as usual.

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Real Estate Acquisition or Refinance

Saco & Biddeford Savings can provide financing to assist you with the acquisition of real estate for your business or if you already own real estate, then consider refinancing your property to pull cash out for working capital improvements.

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SBA & FAME Loans

Saco & Biddeford Savings participates with the Small Business Administration and the Finance Authority of Maine on a variety of products to help your business grow. Programs are available to finance equipment, working capital or real estate. Up to 90% financing available through the SBA-504 Program!

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Let us help you get started. Just download the loan application form below, fill it out and bring the completed form to your local branch manager or loan officer.

Commercial Loan Application

The bank reserves the right to perform its due diligence, assessment of the loan application and may modify the amount, or refrain from providing any financing, according to the results of its analysis.

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