Mascoma Bank

This is a trusted regional bank offering SBA loan programs to support small and medium-sized businesses. You can find personalized financial solutions and expert guidance to help grow your business.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may also be accommodated during business hours.

Mascoma Bank's lobby hours are Monday through Friday from 9:00 am to 5:00 pm, with some locations offering extended drive-up hours. Please contact Mascoma Bank directly for your specific branch's exact hours.

There are application and closing fees associated with SBA loans, which are disclosed during the application process. No additional usage fees apply for accessing banking services.

This bank primarily serves local residents and businesses in the Lebanon, NH area, but they also support regional clients seeking SBA financing.

A minimum personal credit score of approximately 650 is generally recommended for SBA loan approval.

The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and the complexity of the loan.

Most Mascoma Bank lobbies are closed on weekends, but drive-up service is available Saturday from 9:00 am to noon at most locations, and the Customer Care Call Center operates Saturday 8:00 am to noon. Some branches like South Burlington offer limited Saturday lobby hours. Confirm with your local branch.

Mascoma Bank is located in New Hampshire — 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 Mascoma Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Mascoma Bank itself, which runs its own lending under its own ownership. If you work at Mascoma Bank, you can claim this listing from this page to manage it.

The core details for Mascoma 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 Mascoma Bank before applying. If you represent Mascoma Bank, claim this listing to keep its information up to date.

You can reach Mascoma Bank by phone at (603) 443-8612 or online at mascoma.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 Mascoma Bank before relying on them.

Based on its approved SBA loans, Mascoma Bank most often finances businesses in general retail, manufacturing, construction & contractors, restaurants & food service, food manufacturing & processing, and auto dealers & sales. This reflects Mascoma 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 Mascoma 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 Mascoma Bank participates in SBA Express depends on its specific SBA lending authority. Contact Mascoma 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. Mascoma 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. Mascoma Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Mascoma 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 Mascoma 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 Mascoma 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 Mascoma 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. Mascoma Bank weighs this case by case under its own policy, so be upfront about your history and ask Mascoma Bank how it evaluates prior bankruptcies.