SBA Loans for Massachusetts Businesses
When traditional financing may not be the right fit, an SBA loan can provide small businesses with additional flexibility to access the financing they need. North Easton Savings Bank offers SBA-backed financing designed to help qualified businesses fund growth, investments and other business needs.
Our experienced business lenders will work with you to understand your goals, explore your options and help guide you through the SBA lending process.
Find the Right SBA Financing for Your Business
NESB offers SBA 7(a) and 504 financing to help qualified businesses access capital for a range of needs, from working capital and business improvements to commercial real estate and equipment.
SBA 7(a) Loans
Finance business growth, capital improvements, equipment, renovations and other investments with a term loan designed around your needs.
May be used for:
- Working capital
- Real estate and building improvements
- Equipment, furniture and fixtures
- Eligible business debt refinancing
- Business acquisition or ownership changes
Maximum loan amounts and terms are subject to SBA requirements and credit approval.
SBA 504 Loans
SBA 504 loans provide long-term, fixed-rate financing for qualified businesses investing in major fixed assets.
May be used for:
- Purchasing commercial real estate
- Construction or renovation of buildings
- Purchasing land
- Long-term machinery and equipment
- Certain eligible debt refinancing
504 loans are offered through SBA Certified Development Companies (CDCs) in partnership with participating lenders. Eligibility, terms and requirements apply.
What Is an SBA Loan?
An SBA loan is a business loan partially guaranteed by the U.S. Small Business Administration (SBA), helping qualified small businesses obtain financing for growth, expansion, equipment purchases, working capital, commercial real estate, and other business needs. SBA-backed financing often provides flexible terms designed to support long-term business success.
Meet Your Lending Team
No matter the size of your business, the team at North Easton Savings Bank can provide you with personal service backed by experienced lenders. Our lenders will match your specific needs with the right financial products and solutions to help build strong, long lasting financial partnership.
Get in Touch with Us
Your business deserves a banking partner invested in your success. Let’s connect.