Credit Services

Think long-term and think success.

Running a successful business over a number of years involves a lot of significant financial decisions. Our suite of Credit Services are available every step along the way.


Commercial Real Estate Loans

You need a dependable partner to grow your business, so Passumpsic Bank provides financing for the construction, expansion, acquisition or refinance of most types of commercial property, including office, retail, residential, industrial or mixed-use properties. We offer fixed, adjustable or variable rates with repayment schedules tailored to meet your needs.


Commercial Equipment

Passumpsic Bank provides financing for the acquisition and refinancing of commercial equipment. By offering fixed, adjustable or variable rates with repayment schedules, we can tailor a plan to meet your specific needs.


Working Capital

Predictable seasonal needs, one-time events or business growth can all lead to working capital needs. Passumpsic Bank can help you help you secure a working capital loan to help your business grow. Choose from these options:

  • Lines of Credit: Enables a business to draw upon a pre-authorized amount of credit in order to meet seasonal cash flow needs.
  • Short-Term Loans: Designed to help borrowers meet short-term or seasonal obligations that can’t be financed out of normal cash flow.
  • Long-Term Needs: Passumpsic Bank can customize a package to finance increased levels of accounts receivable on inventory.

Business Acquisition

We can structure a combination of long and short-term financing to assist you in the acquisition of existing businesses.


Small Business Administration (SBA) Loans

SBA and other Federal and State agencies offer loan programs so they can assist us in extending credit for new and existing businesses. As a preferred SBA lender and the Vermont Rural/Community Lender of the year, we can use our extensive expertise to customize a loan package to meet your business’s needs.

We have strong partnerships with the Small Business Development Centers in Vermont and New Hampshire and can work with them to help you create a plan to ensure success for your business.

Approved to offer SBA loan products under SBA's Preferred Lender program.


Letter of Credit

Letters of credit are sometimes required by government agencies or vendors, and Passumpsic Bank can provide these letters as needed.

* Subject to credit underwriting.