States Served
Top Industries Financed
- Landscaping Services
- Other Scientific and Technical Consulting Services
- Commercial and Institutional Building Construction
- Full-Service Restaurants
- Tobacco Stores
Quick Summary
Partners Bank of New England is an SBA-approved lender headquartered in SANFORD, Maine. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 21 SBA 7(a) loans totaling $5.7M, with an average loan size of $270K. They serve businesses across 3 states.
About Partners Bank of New England
Partners Bank of New England is an SBA-approved lender headquartered in SANFORD, Maine. Since 2020, they have approved 21 SBA 7(a) loans totaling $5.7M, with an average loan size of $270K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.
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Frequently Asked Questions
Is Partners Bank of New England an SBA Preferred Lender?
Yes, Partners Bank of New England is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Partners Bank of New England approved?
According to SBA FOIA public records, Partners Bank of New England has approved 21 SBA 7(a) loans totaling $5.7M since 2020. Their average loan size is $270K.
What states does Partners Bank of New England serve?
Partners Bank of New England serves businesses in 3 states: Colorado, Maine, New Hampshire.
How do I apply for an SBA loan with Partners Bank of New England?
To apply for an SBA 7(a) loan with Partners Bank of New England, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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