Small Business Administration (SBA) Loans

Get the support you need to start or grow your small business. We offer government-guaranteed Small Business Administration (SBA) loans are great for businesses that need flexibility.

Benefits & Features

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.
A loan designed for Massachusetts small businesses with 200 or fewer employees.
A loan for financing your export development.
Growing Your Small Business

Set yourself up for success with these simple steps to help grow your small business.

SBA Loan Options

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

Frequently Asked Questions

A small business loan is a funding tool designed to help small businesses cover operational costs, or invest in growth. They work by providing funds to your business upfront. You can then repay the loan over time, with interest.

Small business loans can be either secured or unsecured, depending on the specific terms of the loan. Get in touch with our Needham Bank team to discuss your options.

Small business loans can have either fixed or variable rates. Fixed interest rates stay the same, while variable rates can change over time. Talk to our business banking team so we can help you choose the best option for your needs.

Small business loan interest rates may vary based on factors like loan type and terms. Please contact your experts at Needham Bank for the most current and accurate rates.

Timing varies, but Needham Bank has gained a sterling reputation for being a prompt and responsive banking partner. Our Credit Committee meets at least twice each week and our Security Committee meets daily. This means that our customers get their loans approved, closed, and disbursed faster. We know speed matters to small businesses and strive to make the process as quick as possible.

Personalized Financial Solutions for Businesses of All Sizes

We’re not just your bank. We’re  committed to serving you with the same steadfast community values on which we are founded.

Let us take the time to get to know you so we can build a highly personalized financial strategy as unique as your business.

Please fill out our inquiry form and a dedicated business relationship manager will get back to you within two business days. Or, you can always give us a call at 781-444-2100.

Inquire Now