Bar Harbor Bank & Trust
ME
SBA-approved lender offering 7 loan programs across 5 industries.
Key Metrics
Interest Rate
7.88%
1.13% over prime
Average Loan
$150K
Per approval
Total Approvals
32
FY 2025
Loan Programs (7)
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Change of Ownership
Loan Funds will Open Business
Industries Served (5)
Commercial BakeriesCookie and Cracker ManufacturingLandscaping ServicesPlumbing, Heating, and Air-Conditioning ContractorsRecyclable Material Merchant Wholesalers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.13%
- Effective Rate
- 7.88%
- Fiscal Year
- 2025
- States Served
- ME
- Website
- www.barharbor.bank
Ready to apply with Bar Harbor Bank & Trust?
Let Cassian help you prepare your application and connect you with the right loan officer.