Equipment Loans
Having the Right Equipment makes all the Difference!
Equipment Loans
At Aroostook Savings & Loan, we understand that having the right equipment is essential to keeping your business productive, competitive, and moving forward. From day-to-day operations to seasonal demands, we offer tailored equipment financing solutions designed to support how businesses operate across northern Maine.
Whether you’re upgrading machinery, replacing vehicles, or investing in new technology, our equipment loans help you acquire what you need—without disrupting your cash flow.
Customized Terms to Support Your Cash Flow
We structure equipment loans with terms typically ranging from 1 to 5 years, helping minimize interest costs while providing flexibility to manage your cash flow effectively.
Our lending team works with you to develop a repayment schedule that aligns with your business’s financial realities—particularly important for businesses with seasonal or cyclical revenue patterns.
Fast, Local Decision-Making
When you finance equipment with Aroostook Savings & Loan, you benefit from working with a truly local financial partner.
- Quick Approvals Efficient processing to help get your equipment financed and in use sooner.
- Personalized Service Direct access to experienced, approachable loan officers who take time to understand your needs.
- Local Expertise A team that has supported businesses throughout Aroostook County for nearly 90 years, with deep knowledge of the local economy and industries.
Competitive Rates & Expert Guidance
Our commitment to the community means offering competitive rates and flexible financing options backed by straightforward, honest guidance.
From construction and service businesses to operations connected to agriculture, forestry, and other resource-based industries, our lenders help ensure your equipment financing supports both immediate needs and long-term goals.
Let’s Equip Your Business for What’s Next
Partner with Aroostook Savings & Loan and experience the advantage of local decisions, practical guidance, and financing that fits how your business operates.
Connect with us today to learn more about our equipment loan options and start the conversation.