New Millennium Bank Small Business Administration Loan(SBA) Program

We are helping small businesses grow and succeed.

SBA programs are designed to assist small businesses in obtaining loan approvals and leverage private capital for use in startup costs, working capital, business procurement, franchise fees, equipment, inventory, or the purchase of owner‐occupied commercial real estate. The program provides a lender with the necessary security, in the form of a partial guarantee, for the lender to approve a loan or line-of-credit. Our reputation for creativity, speed, accuracy, and service is what sets us apart from other lenders.

Contact us today and get approved! (201) 585-6090

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Commercial Loans

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Commercial Loans

When you need financing to purchase equipment and inventory, or for working capital for your business, or to obtain construction financing, visit New Millennium Bank anytime. We customize and specialize in providing you with the perfect loan to fit your needs.

Business Term Loans

To acquire an existing business, expand a current business, buy fixed assets and equipment, or finance working capital. Up to 5 years with 7 years amortization.

Business Line of Credit

To meet your seasonal short cash flow for acquiring inventory, and for working capital needs. Up to 1 year, with possible renewal. Annual clean-up needed.

Construction Loan

To finance for construction of a new building and renovation until transferring to a permanent loan. Up to 18 months.

Get Started Now

Grow your business with an affordable, easy business loan

If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan
Get Started Now

Our Branches

  • Fort Lee Corp
  • Fort Lee, NJ 07024
  • (201) 585-6090
  • New Brunswick
  • NJ 08901
  • (732) 729-1100
  • Fort Lee
  • NJ 07024
  • (201) 944-1110
  • Bayside
  • NY 11361
  • (347) 836-4914
  • Manhattan
  • NY 10001
  • (212) 239-1023
  • Palisades Park
  • NJ 07650
  • (201) 944-1983

Contact Us

Our Corporate Office & Corp. Branch Open

Monday - Friday
9:00am - 5:00pm

Saturday
Closed

Sunday
Closed

Our Branch Open

Monday - Friday
8:30am - 5:00pm

Saturday
9:00am - 1:00pm

Sunday
Closed

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