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You want to succeed. We want to help.

Our experienced team of commercial lenders is dedicated to helping you make your business a success. With sophisticated financing solutions, competitive rates, and prompt, local decisions from people you know and trust—it’s our way of supporting your unique business.

Commercial Loan Solutions

Whether you’re just setting up shop or getting ready to expand, we can help1.

  • Commercial mortgages To help you purchase or refinance owner-occupied real estate
  • Lines of credit The working capital you need for all your short-term and seasonal business needs
  • Investment real estate mortgages Commercial mortgages to help you purchase or refinance commercial investment real estate or rental properties
  • Government guaranteed loans To help businesses get the financial help they need —includes SBA, FAME, RDA, and others.
  • Letters of credit Domestic, foreign, and performance guaranty
  • Equipment and machinery loans Purchase the equipment you need to get the job done right
  • Construction loans For when it’s time to build or renovate
  • Term loans Find the term and payment that works for you
  • Acquisition financing When you’re ready to grow or expand, we’re ready to help
  • Municipal & Government lending Because we also support public projects

Get to know the team

You run your business in your own unique way. We love that.

From the western mountain region to the southern coast of Maine, you’ll find a commercial lender nearby who is ready to get to work with you. Our knowledgeable and experienced Norway Savings Bank commercial team is accessible, responsive, and resourceful—just what you need to help your business succeed.

Phone: 1.888.725.2207
E-mail: [email protected]


Frequently Asked Questions

What exactly is a business loan?

At Norway Savings Bank, a business loan isn’t just a transaction, but an opportunity to expand or initiate a relationship for a business you currently own/operate or an idea you have for a new business. We’re not just lenders, but partners who want to get to know you and your business. We want you to be successful.  Your business is important to you and it’s important to us. Our lenders have a broad range of experiences and can offer valuable insight and recommendations as you embark on a new path to build or expand your business.  

How quickly can I get a business loan?

Sometimes an opportunity presents itself and it can’t wait.  Our experienced lenders have tremendous support from our amazing credit and administrative teams so that our turnaround time meets your needs.  We work hard to get to “Yes” and regardless if this is your first business loan or you are an experienced business owner you’ll get to know your lender and know that you have a partner, someone who understands your business and your financial needs.  Our lending team is empowered to do whatever it takes to meet your needs and expectations.

Does Norway Savings Bank partner with the SBA or FAME?

Yes we do. Sometimes in order to get to Yes, a loan just needs a little help.  The US Small Business Administration might provide that help in the form of loan guarantees or subordinated debt.  Our lenders have significant experience with many agencies (SBA, FAME, CEI, etc.) and will discern if your loan application could benefit from partnering with one of these or other agencies.  Loan guarantees or subordinate financing are examples of specialized approaches to specific situations that allow us to help our customers.

What are the benefits of a business loan from Norway Savings Bank?

Norway Savings Bank is committed to quality outcomes.  The strength and depth of our team ensures prompt, professional responses and pursuit of creative solutions.  A business loan can help start a new business, help an existing business acquire equipment or take advantage of a new opportunity, meet payroll, expand into new markets, etc.  Norway Savings Bank is a strong, community-based lender and when a business loan is made to a local business those funds typically benefit people in our community. 

How much can I borrow with a business loan?

Norway Savings Bank is a community bank, but is big enough to provide funds to even large businesses in our community.  That said, the majority of our business loans are quite modest in size.  Every business is unique and has unique loan needs, but your business cash flows will determine the amount you can borrow.  Our experienced lending team can help determine what size loan will fit your business financing needs. 

How do I qualify for a business loan?

Qualifying for a business loan requires submission of a signed business loan application and some additional supporting information.  Supporting information typically includes a Personal Financial Statement and other financial statements (business and personal tax returns, etc.).  The required information helps us understand your business and financing needs as well as determining your business cash flows and ability to repay.

How do I start a business banking relationship at Norway Savings Bank?

If you are ready to start a business banking relationship at Norway Savings Bank, please give us a call today.  Your incoming call will be answered by a friendly member of our Customer Care Center, and then directed to a Commercial Lender best suited to represent you.  At Norway Savings Bank, we believe in business banking relationships, and relationships start with a friendly, personal conversation. 

1As of May 11, 2018, all banks are subject to new rules under the Bank Secrecy Act requiring us to gather more information from business entities than we have in the past when opening new accounts and when certain changes to existing accounts are made. Find out more