FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Business Loans &
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Start something new with financing tailored to your business
Construction LoanFinancing for your next commercial construction project, such as a new office building. |
Term LoanGet a fixed interest rate for just about anything you need to keep your business in business. |
SBA LoanSmall Business Administration (SBA) Loans offer a variety of options to finance business needs with fast turnarounds. |
Business MortgageWhen the time comes to expand, relocate or buy real-estate property, we're here to help. |
Line of CreditGet a line of credit for short-term working capital, seasonal purchases, inventory or payroll. |
Business Letter of CreditWhen you need to buy goods on credit or enter into a contract requiring a bond or deposit. |
Municipal LoanPerfect if your town, city, school, or government organization is anticipating receiving revenue such as taxes, operating funds from governmental units, or sale of bonds. |
Equipment FinancingFinancing for construction, marine, trucking, and forestry-let the experts at Maine Financial Group help. |
Cash ManagementSimple tools to help you manage and monitor your business cash flow. |
Business Construction Loan
From blueprint to build, we’ll be by your side every step of the way.
When you need financing for your next construction project, such as a new office building, let us help make your plans come true and set you and your business up for success.
- Competitive rates
- Short-term funding
- Local decision-making and servicing
Business Term Loans
Fuel your business growth
A Business Term Loan can help you reach your goals faster. Use it to expand, buy equipment, purchase a business, or refinance debt. It can also provide extra cash for daily operations or long-term growth. Let’s move your business forward—together.
- For one-time expenditures or long-term financing
- Fixed and variable rates available
- Flexible repayment options
- Agency Guaranteed Programs available
SBA Loans
Let our skilled team guide you to a well-crafted SBA loan.
It’s all about fit and finish.
Government-backed Small Business Administration loans can give you lower down-payment options and longer repayment terms. As an SBA Preferred Lender, we also give you an expert team dedicated to local decisions and fast turnaround times.
- Fixed or variable rates
- No origination fees on some loans
- Short or long terms
- Rate discounts possible with autopay
Business Mortgages
Quick Decisions, Local Expertise
Finance your mortgage with us and benefit from fast approvals, easy processes, and local support you can count on. We're here to provide tailored financial solutions to help your business expand, relocate, refinance, or buy real-estate property.
- Local decision-making and servicing
- Fixed and variable rates available
- Flexible repayment options
Business Letters of Credit
When you need to buy goods on credit or enter into a contract requiring a bond or deposit.
Establish credit with your suppliers with a Letter of Credit from Katahdin Trust. It allows you to add the Bank's name and credit support to your own, thereby providing others with the assurance of your payment or performance.
Municipal Loans
Flexible financing for local needs.
Perfect for municipalities, schools, and government organizations expecting revenue from sources like taxes, operating funds, or grant funding. Financing can be used to fund Tax Anticipation Notes (TANs), Revenue Anticipation Notes (RANs), short-term Bond Anticipation Notes (BANs), or long-term General Obligation (GO) Bonds.
Get the support you need to fund your essential projects, such as:
- Upgrading equipment
- Constructing new facilities
- Improving water or solid waste systems
Why choose us? Enjoy the flexibility of repayment options and the convenience of both fixed and variable interest rates. This means we can tailor the loan to meet your community’s specific financial needs while staying on track toward your goals.
Equipment Financing
Construction, marine, trucking, and forestry equipment loans.
Benefit from fast service and cost-effective financial solutions for all of your equipment financing needs from trucking and construction to forest products and marine. Services offered through Maine Financial Group (MFG), a Katahdin Trust Company affiliate.
- Purchase new or used equipment.
- Refinance existing loans you have elsewhere that could lower your monthly payment.
- Consolidate multiple loans and payments into one to streamline bookkeeping.
- Obtain working capital to make purchases, repair equipment, or fund your business operations.
Contact UsA Katahdin Commercial Services Officer can help you decide what type of financing would work for your business. |
All loans subject to credit approval. In some instances, traditional business loans might not be appropriate for your business. That's why we provide options to obtain alternative financing. Guaranteed loan programs are provided by the U.S. Small Business Administration (SBA), Rural Development (RD), Farm Services Agency (FSA), Finance Authority of Maine (FAME), Potato Marketing Improvement Fund (PMIF), Northern Maine Development Commission (NMDC) and various local community development agencies.
Learn more about Beneficial Ownership requirements and how they may affect your business.
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