Small Business Administration (SBA) Loans
For businesses who need flexibility, we provide Small Business Administration (SBA) government-guaranteed loans and Massachusetts Capital Access Program (CAP) loans. Small business loans give you the opportunity to start a business that you might not be able to self-fund, as well as the ability to grow your existing small business. We are an experienced SBA Lender and offer loan programs including 7a, 504, SBA Express and Export Express, as well as traditional small business loans. As a top SBA Lender in Massachusetts, we’re able to further help businesses in our community grow and expand by offering government-guaranteed SBA loans. SBA loans offer a selection of rate and terms to fit the needs of your business, including:
- Fixed or variable rate options
- Flexible repayment terms available
- Revolving lines of credit for working capital
Plus, these loans can be used for:
- Business debt refinancing and consolidation
- Inventory, machinery or equipment purchases
- Commercial real estate acquisition, renovation or expansion
Contact Michael Semizoglou and learn more about Small Business loans options for your business.
To learn more contact Michael Semizoglou, SVP- Director Small Business
Types of SBA Loans
A general purpose term loan to help start, expand or renovate your business.
A line of credit that offers an expedited review process.
A commercial mortgage with a low down payment for acquisitions.
Massachusetts Capital Access Program (CAP)
A loan designed for Massachusetts small businesses with 200 or fewer employees.
A loan for financing your export development.
Serving Our ClientsVillage Forge, Inc.
“Needham Bank was there for Village Forge when no one else was. Every employee I’ve interacted with has gone out of their way to assist me however they can, which isn’t what...Learn more about Village Forge, Inc.
NB Business Online Banking is a great solution to managing your business accounts. It allows you to view account history, include multiple entities within one online profile, transfer funds, initiate wire requests, pay your bills and invoices online, pay your federal taxes online, and download your information into QuickBooks. NB Business Online is customizable to your business needs. We can help you save time and be more efficient.
As one of the 5 C’s of Credit, cash flow is one of the key factors examined and requested by commercial bankers.
Needham Bank provides resources to help you grow your small business. These simple steps can set you up for success when it comes to business expansion.Learn more about Growing Your Small Business
Contact Michael Semizoglou and learn more about Small Business loan options for your business.