Commercial Lines of Credit

Commercial Lines of Credit

At Aroostook Savings & Loan, we understand that businesses in northern Maine need financial flexibility to manage day-to-day operations, navigate seasonal fluctuations, and respond quickly to opportunities. Our Commercial Lines of Credit are designed to provide reliable working capital—when you need it and how you need it.

Benefits of a Commercial Line of Credit

• Flexible Access to Funds Draw only what you need, when you need it, to manage cash flow, purchase inventory, or cover unexpected expenses.
• Pay Interest Only on What You Use With a revolving line of credit, interest is charged only on the funds you draw, making it a cost-effective option for short-term financing needs.
• Quick and Convenient Access Access your credit line easily through online banking or by working directly with one of our local branch teams.
• Local Decision-Making Our experienced local lenders make decisions right here in Aroostook County—so you get timely answers without unnecessary delays.

How It Works

A commercial line of credit functions like a revolving account, giving your business ongoing access to working capital. As you borrow and repay funds, those funds become available again—providing flexibility to handle operating expenses, seasonal cash-flow needs, or timely growth opportunities.

Loan Details

• Credit Limits Tailored to your business needs and based on your financial profile.
• Interest Rates Competitive rates customized to your business’s creditworthiness.
• Collateral Options Secured and unsecured lines available, depending on the amount and purpose of the credit.
• Flexible Terms Repayment terms structured to align with your cash-flow cycle.

Why Choose Aroostook Savings & Loan?

Our local expertise and commitment to personalized service make us a trusted financial partner for businesses across Aroostook County. We take time to understand how your business operates—so your financing supports real-world needs, not generic assumptions.

Let’s Keep Your Business Moving Forward

Connect with our commercial lending team today and see how a Commercial Line of Credit from Your Home Bank can provide the flexibility and support your business needs to move forward with confidence.