Business Loans

Need cash in a hurry, but probably not for long? Consider a line of credit. It gives you quick access to the funds you need to purchase inventory, meet payroll, smooth cash flow, or cover seasonal expenses. With a credit line at your disposal, you'll always have access to working capital to see you through tight spots.

Term loans from Northway Bank are your most versatile borrowing option. They can be used to buy equipment or vehicles, finance expansion, refinance debt - just about any business need. Fixed or variable rates are available, and terms can be structured so payments fit your budget. 

Is your business interested in buying an existing piece of real estate? Northway Bank offers affordable long-term mortgages for commercial, industrial, retail, or income property. Count on Northway Bank to customize a payment plan that's friendly to your cash flow.

Is your business required to guarantee payment for contracts, materials, or inventory? This is most likely to happen if the seller is unfamiliar with your track record. In such a case, Northway Bank can arrange for a letter of credit to help the transaction proceed smoothly. 

Northway Bank is a preferred SBA lender, with years of experience helping local businesses access lending programs available through the U.S. Small Business Administration. You can use a government-backed SBA loan for nearly any business need. They can offer lower interest rates and longer repayment terms. SBA loans are especially attractive to startups and under capitalized businesses that might not be eligible for traditional financing. Because Northway is a preferred SBA lender, you benefit from fast turnaround and a streamlined application process. 

A Northway Bank business credit card offers easy access to credit to help you manage your cash flow. You'll get a competitive rate, great benefits, and an extra measure of financial flexibility. 

The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc. and American Express. American Express is a federally registered service mark of American Express.

Our business banking team is here to support your business, whether you need help with loans, deposit accounts, cash management, or merchant services. Contact a Business Banker below. For easy access, click on their vCard to download their contact information to your computer or device.