Term Loans & Lines of Credit
- You control draws on a line up to the credit limit.
Commercial · Lending
Term loans, lines of credit, and SBA loans.
Term loans finance equipment, vehicles, working capital, and commercial property. A line of credit covers inventory, receivables, and seasonal needs. NECB is an approved SBA lender. This page is not a commitment to lend.
Term Loans & Lines of Credit
Equipment, property, and short-term capital.
Term loans for fixed assets such as equipment and vehicles, permanent working capital, debt consolidation, and buying, improving, or refinancing commercial property. Revolving lines for inventory, receivables, and other seasonal needs.
- You control draws on a line up to the credit limit.
SBA Loans
NECB is an approved SBA lender.
SBA loans, including 504 real estate loans, for acquisition, renovation, expansion, equipment, inventory, refinancing, and working capital.
- Uses include commercial real estate, equipment or inventory, business debt refinancing, and working capital.
Compare
| Term Loans & Lines of Credit | SBA Loans | |
|---|---|---|
| Term loans | Fixed assets, working capital, commercial property | — |
| Lines of credit | Borrow, repay, and borrow again up to the limit | — |
| Rates | Not published | Not published |
| Status | — | Approved SBA lender |
| 504 | — | Real estate loans |
SBA Loans
- Uses include commercial real estate, equipment or inventory, business debt refinancing, and working capital.