Commercial and Institutional Lending

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Northeast Bank's Loan Acquisition and Servicing Group offers financing to real estate investors, real estate lenders, and Commercial real estate owner-occupants. Our management team has been active in national commercial real estate lending since the early 1990s, and has originated loans of varying size, loan structures, purposes, and collateral types. With a deep bench of in-house credit, real estate, and legal experts, as well as extensive experience managing a broad range of assets nationwide, we are an effective loan transaction partner with a reputation for understanding complicated transactions, and closing quickly.

About the Loans We Originate

Northeast Bank's in-house expertise and experience affords us the confidence and flexibility to consider a wide variety of loan types and deal structures. Our team offers a depth of expertise originating:

Refinance or Acquisition Financing

  • Investment or owner-occupied commercial real estate
  • Conventional or transitional loans
  • Storied loans
  • Loans requiring unique structures

Loans to Real Estate Lenders

  • Loan on loan
  • Portfolio finance
  • Business loan secured with existing loans
  • Loan participations

Bridge Loans

  • Quick closing
  • Complicated story
  • Renovation
  • Lease-up
  • Temporary liquidity
  • Recent bankruptcy

 

Clients call us when they have a loan that is too complicated for community banks, and too small for national banks. General loan parameters include:

  • Commercial loans secured by all types of cash-flowing real estate
  • Government guaranteed loans (e.g. SBA and USDA)
  • Refinance of loans that are currently performing or sub-performing
  • Individual loans - balances up to $12 million
  • Loans secured with a loan or pool of loans
  • No collateral class restrictions
  • No geographic restrictions

Our Approach to Commercial Lending

Our commercial loan group has refined its approach through decades of experience originating commercial loans across the U.S. In a typical deal, our in-house team:

  • Thinks long-term, recognizing opportunity in out-of-favor asset classes and is uninfluenced by short-term market fluctuations
  • Collaborates with value-add, third-party partners that are the best in the industry or sector
  • Values long-term relationships with counterparties over a single transaction
  • Flexible in loan structure and terms

Speed and expertise are key to our success in any loan origination:

  • Within days of receipt of the loan request, we will present the borrower with a term sheet that outlines pricing, key assumptions, and key sale terms
  • In order to prepare the indicative bid, our team has already conducted preliminary collateral valuation using in-house staff
  • Upon acceptance of a term, we complete final diligence, typically in less than 15-30 days
  • Transactions are typically closed within 30-40 days of accepted terms sheet

National Lending Team

In-house team members across sourcing, underwriting, real estate valuation, legal review, and asset management, have acquired and originated thousands of loans of all types, throughout the United States.

Meet our Team

 

Contact Us

To get started, contact our LASG team at lasgloanrequest@northeastbank.com or 207.440.2403.

Contact Us Today.

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