Camden National Bank

This is Camden National Bank, a financial institution that offers banking services including SBA loan programs designed to support small business growth and development. You can find personalized lending solutions, expert advice, and a focus on regional economic support.

It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help you meet with the appropriate lending specialist promptly.

Typically, the bank operates Monday through Friday from 9:00 AM to 5:00 PM, but hours may vary by location. It is best to check directly with the branch for specific times.

There are no fees to visit or speak with a banker; however, loan processing and application fees may apply depending on the financing product.

This bank primarily serves residents and small business owners in the Maine region, but they also support regional economic development efforts and non-resident business clients where applicable.

A minimum personal credit score of around 650 is generally preferred, though higher scores improve approval chances and loan terms.

The underwriting process typically takes 30 to 60 days, depending on the complexity of the loan and completeness of the application.

Most banks keep weekday business hours and are closed on weekends, and Camden National Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Camden National Bank to confirm current weekend availability before you go.

Camden National Bank is located in Maine — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Camden National Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Camden National Bank itself, which runs its own lending under its own ownership. If you work at Camden National Bank, you can claim this listing from this page to manage it.

The core details for Camden National Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Camden National Bank before applying. If you represent Camden National Bank, claim this listing to keep its information up to date.

You can reach Camden National Bank by phone at (207) 230-5958 or online at camdennational.bank — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Camden National Bank before relying on them.

Based on its approved SBA loans, Camden National Bank most often finances businesses in construction & contractors, general retail, restaurants & food service, manufacturing, automotive repair & services, and hotels & lodging. This reflects Camden National Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Camden National Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Camden National Bank participates in SBA Express depends on its specific SBA lending authority. Contact Camden National Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Camden National Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Camden National Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Camden National Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Camden National Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Camden National Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Camden National Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Camden National Bank weighs this case by case under its own policy, so be upfront about your history and ask Camden National Bank how it evaluates prior bankruptcies.