Northeast Bank
Maine-based bank that makes SBA 7(a) working capital loans and owner-occupied real estate loans nationwide.
About
Northeast Bank says it is "a national commercial real estate and SBA lender" and that it supports "small business financing nationwide." Its SBA page offers an SBA 7(a) working capital loan of up to $350,000, applied for through its lender service provider Newity, and says it specializes in "lending $500,000 to $5,000,000 for owner-occupied commercial real estate purchases, refinances, expansions or renovations." By SBA's count it is one of the most active SBA 7(a) lenders. Who it is for: Small businesses that need working capital, and owners buying or improving the building their business occupies.
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