Credit Services

Commercial Real Estate Loans

Passumpsic Savings Bank (PSB) provides financing for the acquisition and refinancing of commercial property and buildings as well as for commercial construction projects.

Long-term financing

Passumpsic Savings Bank provides financing for business acquisition, purchase of fixed assets or other capital expenditures, usually over a five-to ten-year period.

Seasonal loans

These short-term loans are designed to help borrowers meet cyclical obligations that cannot be financed out of normal cash flow.

Lines of credit

A commercial line of credit enables a business to draw upon a preauthorized amount of credit in order to meet short-term cash flow needs.

Capital Reserve Overdraft Protection

A capital reserve account offers you peace of mind and guaranteed cash. Simply write yourself a loan by writing a check. Details of all capital reserve account activity will appear on your monthly checking account statement.

Letter of Credit

A letter of credit guarantees payment by Passumpsic Savings Bank to a supplier on behalf of a business customer.

Small Business Administration (SBA) Loans

As an approved SBA lender, Passumpsic Savings Bank can help new and expanding businesses access the loan guarantee programs of the SBA.

To request more information, click here or email rbishop@passumpsicbank.com