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Competitive, Customized Business Financing 

Why Skowhegan?

Local Decision Makers

Personal Guidance

Custom Financing

We build relationships with businesses so we can help them achieve their goals.

Working with businesses throughout the state of Maine for over 150 years.

Our team of experts will help you get the financing your business needs.

Customized loan solutions

At Skowhegan Savings we approach commercial lending by focusing on the needs of the customer first – and offering products, services, and solutions that meet them. We see each customer as an individual; there are no cookie cutter approaches. All loan decisions are made locally, and we never sell our loans or account servicing, so you always know with whom you are dealing.

We offer the following business loan options:

 Commercial & Industrial Loans (C & I)

Every business owner is presented with unique challenges and goals. We’re here to help you with both. Our term loans give customers funds to expand facilities or purchase equipment and machinery. Our team of experts will help you get the financing your business needs.

Lines of Credit

Our business line of credit is a versatile tool, giving you pre-approved access to funds when you need them for operating expenses, inventory purchases, or accounts receivable. Contact one of our local lenders to learn more.

 Commercial Real Estate Loans

Our commercial real estate loans can be used for the purchase, renovation, expansion, development, or simply the refinancing of your commercial use properties.

Agency Loan Partnerships

We partner with agencies such as Finance Authority of Maine (FAME), Small Business Administration (SBA), and USDA Rural Development to expand our ability to meet various needs.

Meet Our Team

Every customer is treated with integrity and respect. When you walk through the doors of any of our 12 Maine branches, you can count on a highly personalized banking experience and an honest, forthright team of employees that are genuinely interested in meeting your individual needs. To us, personalized banking is about fostering relationships with our customers, not selling transactions. Our commitment stems from the opportunity and enjoyment we get in serving the needs of our customers.


Skowhegan Savings has helped many generations of Maine families achieve their dreams and our dedication to building strong communities remains steadfast.

Steve Thomas

SVP Senior Commercial

Lender

All Branches

Chris Farmer

VP Regional Commercial

Banking Manager

Western/Central Maine

Tara Russell

VP Commercial Lender

Western/Central Maine

John Butera

VP Commercial Lender

Western/Central Maine

Susan Desgrosseilliers

Ed Goff

Angel Quick

VP Commercial

Lender

Southern Maine

VP Commercial 

Lender

Southern Maine

VP, Treasury & Business Services Officer 

All Branches

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