Business Loans

Our business banking team applies a unique approach to financing the growth of our business community. We combine the creativity of Maine's most experienced bankers with the flexibility and personal attention you can only get from a community bank. Decisions are made locally, so we can make them quickly and with terms that work best for your business. Our business loan solutions include:
 

Business Mortgages

Purchase, improve or refinance real estate.
  • Fixed or variable interest rates
  • Construction financing available


Business Line of Credit

Finance your short-term cash flow needs conveniently.
  • Manage cash flow while waiting for receivables
  • Immediate access to funds by contacting the bank or accessing online


Business Term Loans

Finance new business opportunities such as acquisitions, start-ups or partner buy-ins.
  • Flexible terms
  • Fixed or variable interest rates available


Equipment Loans and Lines of Credit

Ensure your business keeps up with technology and equipment to enhance your business offerings.
  • Up to 7 year amortization secured by machinery and equipment
  • Fixed or variable interest rates
  • Terms can match your depreciation schedule

Our Commercial Loan Checklist shows what we'll need to get your financing solution started. 

Contact My Banker


Business Overdraft Protection

Protect your business and your reputation with overdraft protection from Mechanics.
 

Account-to-Account Transfer

Link your Mechanics checking account to a money market account or an additional checking account at Mechanics. Funds are automatically transferred from the available balance in the linked account to cover a check or other debit transaction that may cause an overdraft.
  • No cost to apply, and a low $5.00 fee is charged per transfer
  • Funds are transferred in the exact dollar amount required to cover the overdraft
  • Unlimited transfers from another checking account
  • Up to six money market transfers per month
Contact us to get started.

Your Bankers


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