Our skilled Middle Market Lending team provides financing solutions for small to medium-sized companies and corporations in southeast New England with revenue between $5 million and $75 million. We serve operating companies such as manufacturers, distributors, importers, exporters, medical practices, CPA firms, and law firms. We offer middle market business loans and lines of credit to fund general operations, expansion, sales growth, new product development, and working capital.
Our relationship managers will take the time to know you, your business, and your industry so we can make the best recommendations on loan structures and cash management services to save you time and money. We will identify and implement custom strategies that will help maximize your success. And with our cash management services, we will not only help maximize your available cash, but we will also offer your business enhanced security features such as positive pay and ACH positive pay to help you avoid fraud. Plus, you will enjoy prompt decisions and detailed feedback all from one consistent point of contact.
Middle Market Lending Products
- Working Capital Lines of Credit
- Term Loans
- Practice Loans
- Commercial Real Estate Mortgages
- Equipment Lines
- Guidance Lines
- Standby Letters of Credit
Middle Market Loan Solutions
Business Term Loan
Whether you are looking to expand your operation or upgrade your facilities, our term loan is the credit solution for you. We provide financing for a variety of business needs, for example, new equipment, vehicle purchases, renovations, or business acquisitions. We offer loans from $500,000 to $100,000,000 with up to seven-year terms and competitive rates.
Business Line of Credit
Our business line of credit can help you manage your cash flow, act on business opportunities and take advantage of vendor discounts for prompt payment. A Needham Bank line of credit will help meet your short-term borrowing needs.
We’ll recommend the best combination of services to help you maximize cash flow, save money, and reduce the time you spend on your business’s finances. Our cash management services include business checking accounts, cash concentration accounts, zero balance and target balance sweep accounts, wholesale and retail lockboxes, and merchant services. Plus, security features such as positive pay and ACH positive pay help you avoid fraud. Learn More
Payroll accounts offer you an organized and secure option for your business's expenses. Pay employee salaries from a separate bank account for your business that is only used for payroll.
A business checking account is a key part of your business’s financial picture and operations. We have two market leading account options: NB Business Checking and NB Corporate Checking. Both accounts carry no minimum balance requirements and come with the best in online and mobile banking. Learn More
Our business money market account will make your savings grow while allowing you to keep your funds liquid. It pays a higher rate of interest than our business savings and checking accounts. Learn More
Business Overdraft Protection provides coverage if you have an NB Business Checking account. Borrowing limits are available from $2,000-$10,000. Learn More
Our NB Business Rewards Mastercard has uChoose rewards so you can use your points for unlimited 1.5% cash back via a statement credit or accumulate points to purchase merchandise. It also has zero liability so you won’t be held responsible for unauthorized transactions and enhanced ID theft protection to better safeguard your business against identity theft. Learn More