SBA Loans

We’re a Preferred Small Business Administration (SBA) lender. This designation is given to only the most active and expert lenders under SBA’s Preferred Lender Program. We can approve loans and provide faster decisions.

SBA Loan Types

• SBA Express – Enhanced loans for up to $350,000 that we can approve right here at Newtown Savings Bank.
• 504 Loans – Provides up to 90% financing for business owners seeking to purchase owner-occupied real estate with a 50% conventional first mortgage and up to 40% second mortgage funded through an SBA debenture.
• Long-term – Fixed-rate financing for expansion or modernization of facilities and equipment financing.
• 7(a) Loan Guaranty Program – Enables qualified businesses to obtain financing, even when they are not eligible through traditional lending programs.