Primary Lending Area: New England

Property Types: All commercial properties including apartments, multi-families, condominiums, office, industrial, retail, mixed-use, land, subdivisions, and non-owner occupied residential properties.

Mortgage Products: 1st & 2nd Mortgages, Acquisitions, Construction, Bridge, Note Purchasing, Lines of Credit.

Additional Services: Distressed Project Repositioning, Bankruptcy and Foreclosure Prevention and Workouts, Partnership and Estate Buyouts, Vacant and Non-income producing properties, Tax and other Lien Removal, Debt Consolidation

Use of Proceeds: All loans are made for commercial and business purposes only.

Loan Size: $25,000 to $5,000,000

Loan Term: 3-24 months (longer or shorter terms considered on an exception basis)

Interest Rate: 12% and up depending on loan structure and collateral type. Rates adjusted to New Boston Capital's prime rate of interest.

Origination Fee: 3% and up of the loan amount, paid at closing from loan proceeds

Loan to Value: 60% (up to 70% considered on an exception basis)

Prepayment: No prepayment penalties

Amortization: Interest only

Closings: 5-10 business day closings available subject to receipt and satisfactory review of all necessary underwriting paperwork.