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Equipment Financing

Purchasing equipment outright can be tough on your cash flow. Equipment business loans give you fast access to the capital you need to keep your business functioning at the highest level.

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Equipment Financing

Kristina Hansen & Darren Case, Round Turn Distilling, Biddeford

Get the equipment you need in 3 days or less guaranteed!¹

Kristina Hansen & Darren Case, Round Turn Distilling, Biddeford

Please note this does not constitute a completed application.

¹Applies to loan amounts under $100,000. Minimum credit score of 650 required. Loans must be repaid through a qualified SBSI deposit account using Automatic Funds Transfer. New equipment purchases require a loan-to-value (LTV) ratio of 90% or better. Used equipment purchases require an LTV of 80% or better. Three-day turnaround begins with the receipt of a completed application. An application is considered complete when the Bank has received: tax return representing a full calendar/fiscal year of operations; personal financial statement; appropriate disclosures; corporate documents (may vary depending on applicant). Three-day turnaround excludes non-business days and holidays. If Saco & Biddeford Savings is unable to meet the three-day turnaround guarantee, applicant will be eligible to receive a credit of $150 at time of closing.

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