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BreadRoute Review
Passumpsic Savings Bank
3.5Our Passumpsic Savings Bank Review
Passumpsic Savings Bank is a community bank headquartered in Saint Johnsbury, Vermont, founded in 1853 and serving businesses across Vermont and New Hampshire. Its SBA Preferred Lender status makes it a strong option for businesses pursuing government-backed financing, and its commercial lineup covers a practical range of needs: lines of credit, term loans, equipment finance, commercial real estate financing, and construction finance. With over 170 years of operating history and deep community roots, it's a well-established choice for small businesses in the region. Specific rates and eligibility criteria aren't published publicly, so reaching out directly is the best next step.
Who Is Passumpsic Savings Bank Best For?
Based on eligibility requirements and available products.
- Businesses where credit score is not a primary factor
- Businesses that need equipment or machinery financing
- Businesses with commercial real estate financing needs
- Businesses that need flexible, revolving access to capital
Financing Options
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Passumpsic Savings Bank Pros & Cons
Pros
- No minimum credit score requirement
- Wide range of financing products
Frequently Asked Questions
Passumpsic Savings Bank does not apply a strict minimum credit score requirement, making it accessible to a wider range of businesses.
Passumpsic Savings Bank offers the following financing products: Equipment Finance, Construction Finance, Commercial Real Estate Financing, Line of Credit, Term Loan.
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