SBA Lending Overview

SBA LENDING SERVICES

The U.S. Small Business Administration (SBA) plays a critical role in making financing available to small businesses for a wide array of purposes, from starting and growing a business to purchasing commercial real estate. Northeast Bank is proud to offer loan programs in partnership with the SBA, which includes both micro loans for start-up businesses, as well as larger loans to established companies looking to expand or re-tool their operations.

As an SBA Preferred Lender, we have the knowledge and skills needed to effectively deliver SBA loans. With the Preferred Lender status, we can process your loan application faster, and help you secure the credit needed to grow your business.

We offer access to all SBA loan programs, with a special focus on the following:

  • SBA 7(a) Loan Program – Available to qualified borrowers for expanding or acquiring a small business. This is the most popular option within the SBA’s business loan programs, and is available to a wide range of borrowers.
  • SBA 504 Loan Program – Provides qualified businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.
  • SBA Express Loan Program – Available up to $350,000, these small business loans can be used for equipment purchases, expansion, owner-occupied real estate purchases, working capital and more.

REQUEST AN APPOINTMENT

To learn more about our SBA loan options and connect with a Business Development Officer, visit our SBA lending team page or contact Jonathan Smith at 800.284.5989 ext. 3267.