Commercial Loans

SIS is a local, community bank which means we strive to give back to the communities in which we serve. SIS has been helping to build neighborhoods and businesses since 1933 and we have a passion to help make your business dreams come true. We are confident that you will enjoy doing business with our team of commercial lending professionals. They truly understand today's business needs and are dedicated to providing flexible commercial banking services with quick local decision-making.

We encourage you to contact us to discuss your commercial borrowing needs with one of our commercial lending professionals.

Please select an account below for more information. 

Multi-Family Housing

Designed for buyers/owners of 5 or more family unit buildings

This SIS commercial real estate mortgage is typically designed for buyers/owners of 5 or more family unit buildings. Our multi-family commercial lending professionals can help you analyze the rental income cash flow and the operating expenses so that you are positioned with adequate reserves after debt service. Owning and operating multi-family properties can be rewarding and challenging. Allow SIS to provide you with the financing expertise.

Commercial Mortgages

Our professional commercial lending team will work closely with you to structure the best plan for your business

SIS will consider commercial real estate mortgage requests for both owner and non-owner occupied commercial properties/projects. Interest rates for commercial mortgages are typically adjustable and tied to an index, plus some fixed margin, or may be some combination of fixed and variable rate terms. Our professional commercial lending team will work closely with you to structure the best repayment plan that permits your business to grow, prosper and comfortably meet its debt service. We highly value the total business relationship and consequently maintaining an SIS business operating checking account plays an important role in determining our best offering.

Agency Enhancements

We can assist you in enhancing your credit from the State of Maine or U.S. Government

Depending on your specific business borrowing needs, it may be appropriate and beneficial to involve some sort of credit enhancement from the State of Maine or U.S. Government. Our team of commercial lenders have experience with the U.S. Small Business Administration (SBA), Finance Authority of Maine (FAME) and USDA Rural Development (RD).

Builder Construction Loan

SIS offers some very flexible commercial construction loan terms for homebuilders

SIS offers some very flexible commercial construction loan terms for both homebuilders with permanent take-outs in place and for builders that may not always have the end sale in place. We allow you sufficient time to complete construction, usually 6 to 9 months, and we only charge interest on the advances used. As a premiere construction lender in Southern Maine for 68 years, you can be assured we will work with you, enabling you to achieve timely completion and delivery.

Business Expansion

SIS has the experts that can help you plan and finance that needed business expansion

SIS has the experts that can help you plan and finance that needed business expansion. This may take the form of a new commercial real estate loan, a new business term loan, a new line of credit, or most likely a combination of all three. Relocating to a new larger facility, enlarging your existing commercial building, moving out of the home-office, adding more equipment or machinery, or simply adding new personnel for improved customer service, may be exactly what your business needs. We have the dedicated and experienced commercial lenders that can work with you to achieve your growth objectives.

Infrastructure Development Loans

Our professional team of commercial lenders can help you finance the infrastructure improvements

If you are a real estate developer/contractor and want to get that approved subdivision off the ground, then our professional team of commercial lenders can help you finance the site improvements, including the clearing, excavation and installation of the roads, water and sewerage lines. The up-front planning and financing expertise at this phase can be very critical to the success of a housing development project. As with building construction loans, funds are released as improvements occur and interest is only paid on funds actually disbursed.

Commercial Line of Credit

Lines of credit are ideal for meeting short-term seasonal fluctuations and inventory needs of small businesses

Business lines of credit are usually secured by business assets, but may also be obtained on an unsecured basis. Lines of credit are ideal for meeting short-term seasonal fluctuations and inventory needs of small businesses. Lines are generally reviewed and renewed on an annual basis.

Term Loans

Designed to meet the relative short-term equipment or capital improvement needs of a small business

SIS commercial term loans are designed to meet the relative short-term equipment or capital improvement needs of a small business. Typically carrying a regular monthly repayment term of 7 years or less, fixed term loans can help finance business vehicle purchases, small expansions, computer systems, leasehold improvements, or building improvements.

VISA® Credit Card

SIS offers personal and business card options with a variety of rewards programs

Check out our New Visa Credit Card Program!

We are pleased to announce that we have recently launched our new Visa Credit Card program! Customers now have their choice of personal and business card options along with a variety of rewards programs. To apply for a new card, visit any of our branch locations or click here. Product choices include a VISA Cash Rewards, Platinum Rewards or Platinum Card.  

ALL products offer the following great benefits:

  • 0% Introductory APR for 6 Months on Purchases and Balance Transfers
  • Enhanced Travel Benefits
  • 24/7 Card member Service
  • On-line Account Management Services

Click Here to find out more.

If you already have one of our cards, click here to view, manage, or pay your account online: Click Here.

Cards are issued by Fifth Third Bank pursuant to license from Visa U.S.A. Inc.