Mascoma Business Rapid Credit - Mascoma Bank

Mascoma Business Rapid Credit

Women smiling behind open laptop

Mascoma Bank is committed to providing small businesses with fast access to capital in the $5,000 to $25,000 range. With Mascoma Business Rapid Credit, you can apply online at a time of your convenience.

If you meet the criteria below, you can apply for Mascoma Business Rapid Credit. If approved, funding usually comes within 24 to 48 hours. The funds, secured by your business assets, are deposited directly into your Mascoma Bank business checking account. It’s the most efficient, easiest way to obtain funds quickly from your local community bank.

  • Have you been a Mascoma Bank business checking account customer for more than one year?
  • Has your company been in business for more than two years?
  • Are you enrolled in and using Mascoma Bank online banking?

Click Here to Login and Apply Now

If you answered yes to all three of these questions, Mascoma Business Rapid Credit may be for you.

The details:
• Loans from $5,000 to $25,000 (depending on qualifications / credit score)
• Low interest rate of only 9.25% fixed for the life of the loan
• Loan fees range between $140 and $174, depending on state filing costs
• Funds are deposited directly into your account, usually within one to two business days after you sign
• Monthly payments will be made automatically from the same account
• Secured by business assets

If you do not meet the above criteria, need a different loan amount, or have specific time constraints, please contact Chad Stearns, AVP Small Business Lending, directly at or 603-442-4649.

  • Mascoma Business Rapid Credit is a credit score based lending program
  • Subject to credit approval