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Business Equipment Loan

You want to save time, lower day-to-day costs, and impress your customers, but you can't do that with broken-down equipment. We can help you upgrade your hardware without a big bill up front.

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Put your best face forward.

Keep your business running smoothly with the right equipment! Business equipment loans help you purchase or upgrade essential tools, machinery, or technology without straining your cash flow. With flexible financing options and competitive rates, you can invest in the equipment you need to improve efficiency, boost productivity, and stay ahead in your industry.

Competitive Rates
Flexible loan terms (up to 15 years)
No pre-payment penalties
Construction loans available

We can be creative and flexible with our Business Equipment Loan because we're:

There’s no greater feeling than working with a business and watching it succeed; it’s a partnership, their success story is our success story.

— Jim Pelletier

Commercial Loan Officer & Resident Mr. Fix-It

Frequently Asked Questions

We ask that you bring your last three years of tax returns and either purchase orders or estimates for what you’re looking to buy.
Yes, we do! As a SBA (Small Business Administration) Preferred Lender, we’re here to help small businesses overcome any challenges they face. Please call 1-855-MY-ACADIA (1-855-692-2234) or shoot an email to commercial@acadiafcu.org and someone on our Business Services Team will be sure to reach out. We’re here to help!
Acadia FCU has a partnership with the Maine Forest Direct Link Program and can offer discounts on loans for qualifying logging equipment. The purpose of this financial incentive is to increase the use of of Forestry Best Management Practices (BMPs) and environmentally-friendly logging equipment in the logging industry. If you’re interested in more information, send an email to our Business Services Team at commercial@acadiafcu.org or visit this website.
Yes – a share-secured loan lets you borrow money using a savings account, a share certificate (also known as a CD in the banking world), Acadia Super Saver account, or Acadia Star Money Market account as collateral. We’ll “freeze” the amount you’d like to borrow and while the amount won’t be available for withdrawal, it will remain in your account and continue to earn dividends. Share-secured loans allow you to keep the money you have worked so hard for! As you pay down the loan, your funds become available to you again. A share-secured loan is also a great way to build or rebuild your credit score.
We have many ways available to accept a payment on your Acadia FCU loan. Check this page for all the details!