Due to construction, the drive-up window and drive-up ATM will not be available at our Billerica branch. The branch will remain open during regular business hours, but the drive-up lanes will remain closed during construction.

Important Notice: Beware of fraudulent calls claiming to be from Nacha. Scammers are targeting organizations that originate ACH payments, stating they need to review your current ACH files. Nacha will never contact you directly to ask to review ACH files in this manner. If you receive a call matching this description, or alerts of suspicious activity on your account, please contact us immediately at 1-800-273-6908 Option "0".

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

The right banking solutions for your franchise business.

The right banking solutions for your franchise business.

We can help you manage and grow your franchise network.

At Northern Bank, we understand the ins and outs of your franchise business. For over 30 years, we’ve been providing banking solutions to help franchise owners manage and grow their networks as efficiently and effectively as possible.

Everything you need to meet your specific franchise goals.

Northern Advisory Services

We’re here to help you navigate through the challenges.

Our expert advisor has 25 years of franchised-based transaction experience, including leading transactions for major brands such as Dunkin’, Wendy’s, Five Guys, Hardees, Burger King and Popeyes. He has managed corporate real estate portfolios and franchisee-to-franchisee network sales processes, and he’s ready to help you execute your franchise plans.

NORTHERN ADVISORY SERVICES FOCUSES ON:
  • Mergers and acquisitions
  • Recapitalizations
  • Valuations services
  • Exit Strategy Planning
  • Restructurings

Franchise Lending

We’re ready to get to work on your next project or expansion.

Are you ready to grow your franchise network? Buying a network or adding to an existing network? Remodeling a store or building a new store? For more than 30 years, Northern Bank has been proudly helping franchises expand and remodel their businesses. With a Franchise Portfolio that expands through 19 states, we consider franchise lending to be the cornerstone of our business lending program.

WE SUPPORT YOUR FRANCHISE GOALS AT EVERY STAGE:
  • Initial franchise acquisition
  • Network expansion
  • Equipment upgrades
  • Working capital needs
  • Refinancing existing debt

All loans are subject to credit approval.

SBA Lending

We understand your challenges and provide the best solutions.

At Northern Bank we do more than process loans — we build relationships that help franchise businesses thrive. Our team takes the time to understand your unique vision and challenges, creating financing solutions that work for your specific franchise model.

OUR SBA LENDING SOLUTIONS FOR FRANCHISEES

SBA 7 (A) Loans

  • Perfect for working capital, equipment, or business acquisition
  • Loans from $25,000 - $5 million

SBA 504 Loans

  • Ideal for purchasing real estate or major equipment for your franchise
  • Loans from $65,000 - $13 million

Our expertise navigating the Certified Development Company partnership ensures that you receive the most advantageous terms possible.

All loans are subject to credit approval.

WHAT SETS NORTHERN BANK APART
  • Deep expertise in franchise financing across multiple industries
  • Personalized attention from bankers who take the time to understand your specific franchise model
  • Streamlined approval process designed with franchise owners in mind
  • Ongoing support that extends well beyond the closing table

Other ways Northern Bank can help your business grow.

CASH CONSOLIDATOR

Cut back-office time and reconcile accounts quickly.

Our Cash Consolidator tool allows you to automatically and securely consolidate and transfer money on a daily basis, from your accounts at other banks into your operating account at Northern Bank.

Cash Consolidator connects to over 11,000 financial institutions through our aggregator. Once connected, Cash Consolidator provides you with centralized reporting and real-time visibility across all connected accounts.

Requirements:

Your financial institution needs to allow connections to our aggregator. Connectivity is subject to your financial institution’s ability and willingness to accept such connections in the future.

If your bank does not support connection, we have two other options, SmartSafe or ACH, to help facilitate your funds transfer to Northern Bank.

NORTHERN 1031 EXCHANGE

Preserve profit and build wealth through tax deferred exchange.

For more than 60 years, we’ve handled all kinds of real-estate and business transactions. We know that effectively managing the tax liability associated with a sale, can have a significant impact on your returns.

If you’re planning to sell an investment or business property, you may be able to defer your taxes with Northern 1031 Exchange. Contact our 1031 Exchange Specialist now to investigate your tax deferred options, improve your cash flow and grow and consolidate your portfolio.

Ready to Upgrade Your Business' Banking

Schedule a meeting with our Franchise team.