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Business Loans & Lines of Credit

Whether your company requires funds for day-to-day operations, seasonal cash flow, expansion, or other business needs, you can count on Katahdin Trust Company for specialized help.

For short-term or long-term financing needs such as expansion, equipment purchases, refinancing of present debt, or other needs.

Designed for those planning to purchase, expand or refinance owner-occupied commercial real estate.

Great for a variety of ongoing or short-term financing needs, such as improving cash flow, acquiring seasonal working capital, purchasing inventory, materials, or equipment, and financing accounts.

In some instances traditional business loans might not be appropriate for your business. That's why we provide options to obtain alternative financing.

  • Experienced lenders who understand the business climate of northern Maine.
  • Variety of terms available.
  • Fixed or variable rate loans.
  • Flexible repayment options.

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.

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 Company. 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.

Perfect if your business is anticipating receiving revenue such as taxes, operating funds from governmental units, or sale of bonds.

  • Flexible repayment options
  • Fixed and variable rates

May also be used for long-term loans to support fixed asset acquisitions such as operating equipment, buildings, solid waste systems, and more.

Use a VISA® Business Credit Card for travel expenses, meals and entertainment, purchasing supplies and more. Each month you'll receive an itemized statement of expenses incurred on each employee card.

  • Serves as a revolving line of credit
  • May be used for purchases or cash advances
  • Multiple cards available
  • Detailed monthly statement
  • Accepted at thousands of locations around the world, wherever you see the VISA® symbol
  • $30 annual fee per card per year

Maine Financial Group

For all of your equipment financing needs from trucking and construction to forest products and marine. Click here to learn more about what MFG can offer your business.

Contact Us

A Katahdin Commercial Services Officer can help you decide what type of financing would work for your business.

Contact us today!

Stop by | Email | Call 1-800-221-2542

All loans subject to credit approval.

Community Banking, since 1918.