The NEWITY application will determine if you are eligible for an SBA 7(a) loan. If you are eligible, a member of NEWITY’s loan team will review your application and existing debt to outline what debt could be refinanced with your 7(a) loan. Your NEWITY loan representative will notify you if you can use a portion of your SBA 7(a) loan to refinance any of your existing debt.
To determine if you qualify for an SBA 7(a) loan, 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.