Set yourself up for success with these simple steps to help grow your small business.
Businesses in certain industries are ineligible including weapons manufacturers, gambling businesses, pornography and marijuana dispensaries. See more information on Cannabis Banking.
A small business loan is a funding tool designed to help small businesses cover operational costs, or invest in growth. They work by providing funds to your business upfront. You can then repay the loan over time, with interest.
Small business loans can be either secured or unsecured, depending on the specific terms of the loan. Get in touch with our Needham Bank team to discuss your options.
Small business loan interest rates may vary based on factors like loan type and terms. Please contact your experts at Needham Bank for the most current and accurate rates.
Timing varies, but Needham Bank has gained a sterling reputation for being a prompt and responsive banking partner. Our Credit Committee meets at least twice each week and our Security Committee meets daily. This means that our customers get their loans approved, closed, and disbursed faster. We know speed matters to small businesses and strive to make the process as quick as possible.