Commercial Financing
The Capital to Grow Your Business
Machias offers a loan for almost every business need. More importantly, a dedicated local relationship banker will work closely with you to help you find your “YES!”
Why Finance Your Growth with Machias:
- Working capital solutions with business lines of credit
- Commercial mortgages and construction financing
- Equipment, boat, and agricultural loan options
- Flexible terms designed around your business cycle
- Dedicated local bankers with personalized support
Loans for Your Growing Business
At Machias, we have Maine commercial loans to suit your business. Discover your best choice below.
Commercial Mortgages
Buy, remodel, or refinance a property for business use with funding from a Machias commercial mortgage.
Terms & Rates
Multiple loan terms and competitive interest rates to support your business goals.
Property Types
Financing available for office, retail, and industrial spaces.
Easy Payments
Automatic payment options are available for added convenience.
Construction Loans
Find the financing you need to purchase, develop, renovate, or build commercial property with a Machias Savings construction loan.
Competitive Financing
Competitive interest rates help support a wide range of commercial projects.
Project Advances
Interest-only payments are based on the outstanding balance, and contractors receive advances directly.
Permanent Option
After construction is complete, financing can easily convert to permanent financing.
Boat Loans
Buying a new or used boat can help you expand your business. We’ve got the financing to make it happen.
Rates & Terms
We offer competitive rates and terms for new or used commercial boats.
Equity Options
Your boat’s equity may support a future commercial line of credit, and an existing boat may qualify as a down payment.
Seasonal Payments
Annual or staggered payment options can help accommodate your slow season.
Equipment Loans
The equipment your business depends on can be expensive. Our equipment loans help you secure what you need to keep moving forward.
Competitive Terms
Access competitive rates and terms for essential business equipment.
Flexible Payments
Payment options can be structured as staggered or annual payments.
No Prepayment Penalties
Pay off your loan early without prepayment penalties.
Agricultural Loans
Whether you’re planting the first seed of the season or harvesting your crops, the right financing can help keep your operation running strong.
Credit or Term Loan
Available as a line of credit or a term loan for planting and harvesting needs.
Flexible Payments
Payment options can be tailored to the seasonality of your business.
Rates & Terms
Choose from a variety of terms with competitive interest rates.
Line of Credit
A line of credit helps your business handle seasonal needs, short-term cash flow demands, and new opportunities as they arise.
Use Funds As Needed
This short-term borrowing option works like a credit card, allowing you to draw funds when needed.
Flexible Repayment
Repayment options can align with your business cycle, including interest-only payments and staggered pay downs.
Direct Account Access
Advances can be deposited directly into your MSB checking account for quick access to funds.
Letters of Credit
A letter of credit gives third parties added confidence by providing a promise of payment if needed.
Only Pay If Used
No interest is paid unless the letter of credit is drawn upon.
Bonding Support
Can be used for bonding purposes when your business needs added assurance.
Cost-Effective Option
Often costs less than some insurance bonds and is usually irrevocable for the term.
Estimate Borrowing Potential!
Our business loan calculator can help you estimate how much your loan will cost and how much you’ll pay each month. Just enter a loan amount, interest rate, loan period and payment frequency.
Business Insights & Resources
Payroll
Using our Complete Payroll Solutions takes responsibilities like payroll, benefits and human resources off your shoulders.
MSB Business Online
Access your accounts from absolutely anywhere. MSB Business Online goes wherever you do — all you need is a phone or computer.
Commercial Credit Cards
Easily Manage Your Commercial Expenses. We offer multiple MasterCard® Commercial Credit Card options for our client’s different needs.
