Restaurant

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Northeast Bank has broad experience providing financing solutions for the purchase, expansion and renovation of restaurants, particularly for mid-sized independents and franchises.

With all the opportunity in the restaurant industry as sales continue to grow, restaurants need flexible financing options to take advantage of geographic and demographic shifts and to achieve and maintain high levels of customer service. Northeast Bank has the expertise and experience to help.

SBA 7(a) Loans

For acquiring and expanding a small business and real estate.

  • Loan amounts up to $5,000,000
  • Competitive interest rates available
  • Terms available up to 25 years
  • Up to 90% Loan-to-Value (LTV) allowed

SBA 504 Loans

For long-term, fixed-rate financing for major fixed assets, such as land and buildings.

  • Loan amounts up to $10,000,000
  • Fixed and variable rates available
  • Longer term financing available up to 20 years
  • Up to 90% Loan-to-Value (LTV) allowed

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.

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