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Financing Options

Northeast Bank offers lines of credit, business loans, equipment loans, and commercial real estate loans, as well as for more complex situations such as government guaranteed programs and special financing.

Learn why Maine’s business community has trusted Northeast Bank since 1872. Find the business banker who is right for you. For an appointment call 1.800.284.5989 or visit any one of Northeast Bank’s branches. Our business bankers will meet with you at a time and place that’s most convenient to your business.

Small Business Loans

Take advantage of Northeast Bank’s status as a Preferred Lender with the U.S. Small Business Administration (SBA). Northeast Bank is proud to offer loan programs in partnership with the SBA, which includes both loans for small businesses as well as larger loans to established companies looking to expand or re-tool their operations.  Those interested in applying should contact Small Business Loan Specialists Tim Michalak or Luke Takatsu at 1.800.284.5989.

Lines of Credit

Make funding available for day-to-day operations or to cover the complex financing of a major acquisition. Simplify your finances with a line of credit for the following:

  • Working capital for cash flow
  • Funding for capital expenditures
  • Equipment purchases
  • Overdraft and cash fluctuations
  • Customized solutions to meet time sensitive objectives and seasonal issues

Business Loans

Invest in the resources you need to grow your company. Address your immediate funding needs and structure your payments based on the timing of your cash flows. Options include:

  • Secured and unsecured options
  • Fixed and floating rate programs
  • Terms tied to the type of assets being funded
  • Interest-only payment options
  • Single-payment and Balloon loans available
  • Letters of Credit

Equipment Purchasing

Expand your product line, improve operating efficiency or take advantage of the latest technology with equipment loan programs designed to give you flexible alternatives. In many cases, replacing well used or broken equipment can save you money long term.

  • Upgrade vehicles
  • Upgrade computer network

Commercial Real Estate Loans

Finance real estate you want to purchase or borrow against the value of the real estate you own. Great if you’re looking to expand or lower your payments with a refinance.

Special programs available for Tier 1 & Tier 2 Property Types include:

  • Multi-Family Properties
  • Mixed Use
  • Light Industrial
  • Retail and Office

Government Programs

Northeast Bank’s is a Preferred Lender with the U.S. Small Business Administration (SBA). In addition, Northeast Bank is proud to offer guaranteed loan programs through other government agencies such as the Housing and Urban Development (HUD) and Rural Development (RD) agencies, as well as state-sponsored programs through the Finance Authority of Maine (FAME).  A variety of these agency guaranteed loan programs are available, designed specifically to suit your short-term and long-term borrowing needs.