View View

BankNewport Mobile Banking

GET — On the App Store.


Commercial Lending Center

Local lending solutions to build your business.

clc header

Begin your application process online now!

Get Started


When we say local, we mean local. All lending decisions are made in Middletown, RI. By asking questions about where your business is today and where you want to take it, we can recommend the financing solutions to get you there.

BankNewport offers a variety of lending options to meet the needs of you and your business. Learn more about our products and services and how we can help your business grow.

Lines of Credit

Term Loans

SBA Loans

Commercial Real Estate


Lines of Credit

Seasonality, working capital solutions.

Lines of Credit can be used to either meet your company’s daily cash flow needs or be there “just in case” of the unexpected emergencies and opportunities. Lines of Credit enable a company the flexibility of borrowing just what you need and the ease of paying interest only on the funds borrowed.

Applying for a Line of Credit is easy, with receipt of two years of business and personal tax returns and a personal financial statement, you are well on your way. 

Accessing and paying your Line of Credit is as easy as transferring the funds online via eBanking.

Term Loans

Growth is good, let us get you there.

If your business is expanding, needs to purchase new equipment and/or has other long-term financial requirements, look to BankNewport's term loan to meet those needs.

With a quick turnaround time, flexible payback periods and competitive rates.

  • Up to 10-year term and amortization
  • Up to 90% Loan-To-Value or Loan-To-Cost
  • Recapitalization loans available

Commercial Real Estate

Discover the BankNewport difference.

BankNewport offers commercial real estate loans for purchasing, constructing, renovating, or refinancing. Our local decision-making means you will get a quick turnaround time with:

  • Up to 25-year term and amortization
  • 5-year and 10-year fixed rate pricing available
  • Maximum loan amount is 75% of the purchase price or appraised value whichever is less (up to 90% with SBA 504)
  • Mixed use buildings are accepted
  • Lines of Credit secured by real estate are accepted

SBA Loans

We're ranked among the top SBA 504 Lenders in Rhode Island.

BankNewport, a U.S. Small Business Administration (SBA) Approved Lender and ranked among the top SBA 504 Lenders in Rhode Island, can support your financing needs with a full complement of SBA Loans. For years our experienced lenders have led the way in SBA lending. We know the products, programs, and how to get you to a closing.

About SBA Loans

When you apply for an SBA commercial loan through BankNewport, you can be confident in your choice to work with us. The SBA offers a variety of products to help you enhance your business including lines of credit, term loans, equipment loans, business acquisition loans, and commercial mortgages.

If you aren’t familiar with SBA business loans, that’s OK – we’re here to help. As with any of our services, we’ll be by your side from start to finish. With our SBA expertise we are uniquely qualified to match requests to the right product.

The BankNewport Advantage

Not every business fits into a particular box, so BankNewport offers a variety of special SBA loan programs to suit your particular needs and goals.

SBA 7(a) Loan Program

The 7a Loan Program guarantees financing for a wide array of general business purposes. This program helps to keep your commercial mortgage payment lower and improve cash flow. Your 7a Loan options include our Express Program, Export Loan Program, or Special Purpose Loans Program.

SBA 504 Loan Program

Ideal for commercial real estate purchases or the expansion of your business. These are delivered in conjunction with Certified Development Companies, more commonly referred to as CDCs. The major benefits of this program are long-term, fixed-rate financing, and lower down payments.

Additional information can also be obtained at the SBA website: www.sba.gov