Yes, lawful permanent residents (LPR) of the United States are eligible to apply and receive SBA financing through NEWITY’s SBA 7(a) small business loans program.
When you reach the Business Owner section of the Loan Application, simply select the box next to Lawful Permanent Resident (LPR).
Note, once your application is submitted, a member of the NEWITY team will provide you with the USCIS Verification & Authorization Letter for you to complete. Please physically sign this form with ink and return it to us.
If you are not a U.S. citizen or lawful permanent resident, unfortunately, you are not eligible for SBA financing.
NEWITY LLC and its affiliates are not lenders participating in the SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in the SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in the SBA’s 7(a) loan program.