Skilled Trades

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Northeast Bank has broad experience providing financing solutions for the purchase, expansion and renovation of skilled trade businesses such as auto service and heating and air conditioning.

Like so many industries, the rate of change for skilled trades businesses is very rapid. Businesses need access to flexible financing options to keep up with technology changes and to take advantage of new opportunities as the shortage of skilled labor in the trades continues. 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

USDA Loans

Financing  acquisitions, real estate and/or equipment purchases in rural areas.

  • Loan amounts up to $10,000,000
  • Fixed and variable rates available
  • Longer term financing available up to 30 years
  • Up to 80% 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

To get started, contact our SBA team at sbaloanrequest@northeastbank.com or 833.249.9199.

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