Benefits
- Longest payment terms
- Reasonable interest rates
- Suitable for a wide range of business purposes
Drawbacks
- Longer approval times
- May require collateral
- More required documents
Quick facts and requirements
Maximum Loan Amount
Up to $5M
Loan Term
Up to 25 years
Interest Rate
Starting at Prime Rate +4.75%
Time to Funds
Under 30 days
Payment Frequency
Monthly
Ready to grow your business?
About Androscoggin County Maine
Androscoggin County Maine contains about 15 cities with more than 1000 people and a total population of 134,555. The median age in Androscoggin County is 42 and of those 49.55% are male and 50.45% are female. 55% of the population are married, 14.21% are divorced and 5.42% are widowed. Median rent is $774 and the median household income is $62,331.87, with an average family size of 3.