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Loan
options at a glance
We lend to Maine businesses
that produce, harvest, process, market and transport a wide variety of food
and wood products. These businesses are an integral part of Maine's agricultural,
fishing and forest products industries.
| Commercial
Loans |
| Purpose |
For
Example... |
Key
Benefits |
Rates |
| Ongoing
expenses |
Operating inputs (labor, fertilizer, repairs)
Any business expense
Letters of credit |
Matched to your production cycle, usually 12 months
Revolving and nonrevolving lines of credit |
Var.
Fixed |
| Capital
assets |
Machinery, vehicles, equipment
Livestock
Vessels and/or gear
Buildings and improvements
Timber holdings-short term
Non-ag investments
Letters of credit |
Specific term, usually 1-to-10 years
Revolving and nonrevolving lines of credit |
Var.
Fixed |
| Real
Estate Loans |
| Purpose |
For
Example... |
Key
Benefits |
Rates |
| Long-term
needs |
Real estate
Building and improvements |
Specified term, usually 10 years or more |
Var.
Fixed |
| Non-ag
purchases |
Investment properties
Vacation homes
Family homes
College |
One-stop shopping for our members |
Var.
Fixed |

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