Borrowing
Quick turnaround, flexible payback periods, competitive rates, and local decision making to help you grow your business.
Commercial Real Estate Loans
BankNewport provides commercial real estate loans for purchasing, renovating or refinancing.
- Maximum loan amount is 75% of the purchase price or appraised value, whichever is less (up to 90% with SBA 504)
- Flexible long-term payment plans up to 25 years
- 5-year and 10-year fixed rate pricing available
- Mixed-use buildings are accepted
Term Loans
BankNewport can help finance your business’ growth with a term loan - for expansion, purchasing new equipment, or other long-term needs.
- Competitive rates with flexible payback periods
- Up to 10-year term and amortization
- Up to 90% Loan-To Value or Loan-To-Cost
- Recapitalization loans available
SBA Loans
BankNewport is a U.S. approved Small Business Association Lender. We offer a variety of SBA loans to meet your business’ needs.
- Lines of credit
- Term loans
- Equipment loans
- Business acquisition loans
- Commercial mortgages
- SBA 7 (a) Loan Program
- SBA 504 Loan Program
Lines of Credit
BankNewport offers your business flexible working capital through a variety of Lines of Credit.
- Easy application process
- Flexible borrowing terms
- Interest paid on only borrowed funds
- Funds accessible through BankNewport’s Digital Banking services
OceanPoint Marine Lending
EXPERIENCED MARINE FINANCING
Present or future boaters can find personalized marine financing programs for new and used boats and refinancing existing boat loans. Competitive rates, dedicated buyer support, quick access to funds, and more.
BNWise
FINANCIAL EDUCATION PROGRAM
BNWise offers the knowledge and skills you need to make the best financial decision for you, your family, or your business.
