NEWITY uses an individual’s credit score and their business’ credit score to provide a loan option for your consideration. NEWITY’s prescreen application does not impact an individual’s credit score.
A business credit score is calculated similarly to a personal credit score, but it also includes details of your business’ payment history.
To see your loan options, get started by submitting the loan application in your NEWITY account. It takes less than 10 minutes and does not impact your credit score.
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.