You Have The Skills, Now Get The Tools
From bakeries to breweries, our equipment loans in Ellsworth, ME, provide tailored solutions for growth. Work with us to make your business the star of your local economy.
Huge Loan Amounts
Get the equipment financing you need, from small upgrades to large investments, tailored to your needs.
Flexible Repayment Terms
Select repayment plans that fit your business's budget, with terms designed for long-term success.
Fast Application Process
Apply quickly and easily, with minimal paperwork and fast approval to meet your business needs.
Not Just Ellsworth Equipment Loans
From lines of credit to secured loans, StartCap offers a range of financing options that fit your business’s needs. Let us provide the support you need to grow and succeed in a competitive market.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Ellsworth or nationwide.
Here's a truck load of stuff to get kicked off
Find Business Equipment Loans
Near Ellsworth, ME
Looking for equipment loans in Ellsworth? Our services extend to nearby cities, ensuring that businesses across the region have access to the tools and resources they need to succeed. From Brewer to Augusta and beyond, we've got you covered.
Equipment Loan FAQ's
Ellsworth, ME, with its scenic coastal charm and burgeoning business environment, presents unique opportunities for local start-ups seeking equipment financing. Small business owners in Hancock County often find themselves exploring various lending options to support their growth and operational needs.
Equipment loans can be crucial for businesses looking to upgrade machinery, technology, or infrastructure. While traditional banking routes exist, specialized lenders like StartCap offer tailored solutions for local founders seeking flexible equipment financing strategies.
Here are a few local suggestions:- Bar Harbor Bank & Trust at Main Street & State Street
- First National Bank at School Street & Water Street
- Bangor Savings Bank at Union Street & Bridge Street
- Machias Savings Bank at Center Street & Court Street
- Beacon Credit Union at Franklin Street & Oak Street
- Maine Employees Credit Union at Washington Street & Park Street
Interest rates for equipment loans in Ellsworth, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Ellsworth, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
No, you don't even need to be registered with your state to receive funding. In most cases we can either help you get registered with your state or find alternatives that depend more on personal credit, income or assets.
In Hancock County's business terrain, equipment loans provide critical financial support for local start-ups seeking essential machinery. From agricultural implements near Bar Harbor to restaurant kitchen equipment in downtown Ellsworth, business founders have multiple financing options for acquiring necessary operational tools.
ME commercial lenders typically finance diverse equipment categories including construction machinery, restaurant-grade refrigeration systems, and agricultural processing tools. Local business owners can secure loans for vehicles, manufacturing equipment, technology infrastructure, and specialized machinery crucial for regional industry growth across Maine's dynamic economic landscape.