When it comes to commercial loan services, many banks simply can't
respond quickly enough to customers needs. But our local focus and
streamlined decision-making process allow us to be far more responsive
and offer a higher level of personal service. And because we’re New
Hampshire people ourselves, our experienced staff takes an active
interest in the well-being of your business.
Commercial Real Estate and Construction Loans
We provide commercial real estate loans for a variety of purposes:
construction of new or expanding business facilities, mortgage
refinancing, office condominium financing and more. In every case, we
work diligently to ensure fast turnaround on approvals and expeditious
completion of the transaction, eliminating costly delays or expense.
Northway Business Express Loans and Credit Lines
Our Northway Business Express Line of Credit (unsecured or secured) and
Northway Business Express Term Loan are established with convenience in
mind. Our goal is to get businesses the money they need within 24 hours!
Vehicle Loans
Northway Bank can provide you with a variety of rate and repayment
options to help you finance new or used vehicles for your business,
including automobiles and heavy vehicles.
Secured (Collateral) Loans
We recognize that a company's growth often depends on its ability to
acquire working capital. Whether you need funds for new equipment,
leasehold improvements or other reasons, we can help put together a
flexible, creative solution to your financial requirements. We’ll do
our best to learn the intricacies of your business, then customize a
secured term loan, taking into consideration your business cycle,
seasonal influences and other factors that can put a strain on your
cash flow.
Small Business Administration (SBA) Loans
Loans guaranteed by the SBA offer many businesses greater borrowing
options and potentially better terms. Northway Bank has a long history
of active involvement with the SBA. In fact, we are one of New
Hampshire’s leading SBA lenders. As a Preferred SBA Lender, we have the
authority to approve the SBA guaranty—which means our customers can
benefit from faster turnaround time and a more streamlined SBA
application process. Using our authority to provide an SBA guaranty, we
work toward rapid loan approval.
Lines of Credit
When you have a short-term need for cash, our Line of Credit offers a
ready source of funds. This convenient, flexible credit option gives
you quick access to the money you need for discount inventory
purchases, to meet payroll demands when cash flow is tight, or to take
advantage of unforeseen business opportunities.
Letters of Credit
We can arrange for a Letter of Credit if your business is required to
guarantee performance, contract payments or payment of materials or
inventory.
|
