USDA lenders
Northeast Bank
Northeast Bank operates as both a national lending platform and a community bank. It originates and acquires commercial real estate loans and supports small business financing nationwide, alongside deposit accounts and cash management for individuals, businesses, nonprofits, law firms and property managers.
National Lending covers traditional commercial real estate loans, lender finance, loan acquisitions and onboarding, and SBA and USDA lending. In-house real estate, legal and underwriting teams conduct preliminary due diligence and assess the value of the collateral immediately after the initial discussion, present a term sheet outlining the proposed structure, and then run final underwriting, which the bank says is typically completed in less than 15 business days.
The bank reports $1.95 billion in loans originated and purchased in fiscal year 2026 and says it holds collateral in 44 states. On the retail side it runs seven full-service banking centers across Maine, with further offices in Boston and New York. Consumer deposit accounts are available to Maine and New Hampshire residents only. Business products include online wires, ACH, lockbox and Positive Pay, remote deposit capture, extended FDIC deposit insurance programs, and an Escrow Manager sub-accounting platform for landlord and tenant accounts.
Loan sizes, rates and structures vary by program; the bank publishes deposit rates but not commercial loan pricing. The customer success center is 1-800-284-5989 and the business banking team is reachable at 888.216.0250.
Best for
Borrowers and lenders who need commercial real estate debt, lender finance or a loan portfolio purchase anywhere in the country, and Maine or New Hampshire residents who want a local deposit relationship. Consumer accounts are limited to those two states.
What they do
- National commercial real estate lending
- Loan acquisitions and loan onboarding
- Lender finance
- SBA and USDA lending
- Small business working capital loans
- Business cash management: wires, ACH, lockbox and Positive Pay
- Escrow Manager sub-accounting for property managers
- Personal and business deposit accounts with extended FDIC insurance options
Details
| Attribute | Value |
|---|---|
| Other offices | Auburn, ME, Augusta, ME, Bethel, ME, Brunswick, ME, Poland, ME, South Paris, ME, Lewiston, ME, Boston, MA, New York, NY |
| How they charge | Commercial loan terms are quoted per transaction; deposit rates are published on the site. |
What stands out
- Originated and purchased $1.95 billion in loans in fiscal year 2026.
- Says it holds collateral in 44 states.
- Runs seven full-service banking centers across Maine, plus offices in Boston and New York.
- Says final underwriting is typically completed in less than 15 business days.
- Named the #1 best-performing bank with assets between $3-10 billion by S&P Global Market Intelligence.