Northeast Bank has broad experience providing financing solutions for the purchase, expansion and renovation of apartment buildings and other rental properties.
Rental properties are a great opportunity for investment, but success requires important expertise in appraising both the real estate and the market opportunities. Northeast Bank has both the expertise and experience to help.
Northeast Bank is proud to offer loan programs in partnership with the USDA that can be used to support many rural business credit needs, including:
- Business growth, modernization, or development
- Purchase and development of land, buildings, or facilities
- Purchase of equipment, machinery, supplies, or inventory
USDA business loans are available for businesses in rural zones to finance owner-occupied, investment properties and nonprofits in amounts up to $20 million.
Our Loan Expertise Across Industries
Our decades of experience includes loans across a wide range of industries — even in perceived higher risk categories like restaurants, independent hotels, car washes and gas stations.
Request an Appointment
Contact us online or contact Jonathan Smith, Director of SBA Lending, at 207.786.3245 x3267.