Business Loans and Financing

Finance your business plans with the expertise and guidance of Camden National Bank's Commercial Lending Team. Visit our Find a Commercial Lender page to locate a lender near you.

Business Loans

Starting a business, purchasing new equipment, expanding your facility, or increasing your working capital? Camden National Bank offers flexible loan* solutions with local decision-making to meet all of your business needs.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Lines of Credit

A revolving Line of Credit* helps all types of businesses fund short-term working capital needs, or seasonal businesses supplement cash-flow timing differences. With a secured, revolving Line of Credit, you can borrow repeatedly, and repay or re-borrow as often as you need, providing you the flexibility to maintain an even cash flow, operate your business at maximum efficiency, and continue operating beyond seasonal peaks. Or, simply use a revolving Line of Credit for special marketing and sales efforts, supplier discounts, or any other quick cash needs.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Commercial Real Estate Loans

If you plan to buy, build or enlarge a building, or obtain needed land, we can tailor a commercial mortgage* for your business development. Whether it's an owner-occupied or investment property, we will work with you to meet your short- and long-term business goals with the right mortgage products. Find a Commercial Lender near you.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Government Guaranteed Loan Programs

We work with the leading small business loan guarantee agencies in Maine to provide loans* to growing businesses. These programs include the U.S. Small Business Administration (SBA) and the Finance Authority of Maine (FAME). Both organizations provide loan guarantees to assist businesses with purchasing fixed assets such as real estate and equipment. Additionally, working capital loans may be obtained for operating expenses, accounts receivable and inventory growth, as well as seasonal business needs.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Letters of Credit

You can facilitate certain business transactions domestically and internationally with a Letter of Credit. In domestic use, a Standby Letter of Credit substitutes Camden National Bank's credit for yours by providing the Bank's guarantee of payment to a third party.

*Loan products listed are available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Business Overdraft Protection

Overdraft protection from a line of credit* saves you the inconvenience, expense and embarrassment of overdrawing your business checking account. In addition, it provides the flexibility of a loan up to a pre-approved limit, whenever you need the funds. Funds available from your approved line will be automatically transferred to cover any overdraft.

*Available to qualified applicants who meet the Bank's current loan underwriting guidelines.

Business Credit Cards

Managing your business expenses separately from your personal expenses can be made simple with a business credit card. That's why we offer a variety of credit cards to provide the convenience, security and extra benefits that suit you and your business. Whether you are looking for no annual fee, free spending reports or reward points for your essential business purchases, we offer a credit card appropriate for your business.

Learn More and Apply Today

*Loan products listed are available to qualified applicants who meet Elan's current loan underwriting guidelines.

 

Camden National Bank, Member FDIC, Equal Housing Lender Equal Housing Lender, Equal Opportunity Employer — © 2014 Camden National Corporation, All Rights Reserved.

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