True Partners don’t limit your options, they expand your opportunities.
Since 1960, we’ve been the banking partner of choice for businesses and consumers throughout New England (and beyond!). Our business clients prefer our entrepreneurial, common sense approach to providing simple banking solutions and know they can count on us to be here, as we always have, when they need us most.
For more than 25 years, Northern Bank has been proudly helping franchisees expand their businesses. Through innovation and expertise, we have developed the tools and products to ensure that you can confidently leave the banking to us, and pursue your dreams.
As a privately-held, family-run, full-service bank, we move faster than our competitors, make decisions for the long term and focus on helping your business succeed. Just like you’d expect from a True Partner.
Financially stable and secure for almost 65 years.
When you partner with Northern Bank, you can feel confident knowing that you are doing business with a bank that will continue to remain financially strong and healthy for years to come.
Quarter after quarter, we take pride in maintaining a 4-star “Safe & Sound” rating with BankRate.com and year after year, we continue to build on and expand the enduring relationships we forge with our clients.
If you are already a client, thank you for your continued partnership. If you are thinking about making Northern Bank your bank of choice — connect with our team and you will quickly discover we’re more than just a bank. We’re a business partner you can bank on.
$3.22B $1.09B
For more than 25 years, Northern Bank has been proudly helping franchisees expand their businesses. In fact, we consider franchise lending to be a cornerstone of our business lending program.
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Commercial Lending for franchises — made easy.
Remodel, equipment or acquisition needs? We’re here to help. Not every person has the confidence and drive to grow a business. You do. Not every bank is eager to be a partner in your journey. We are.
FRANCHISE LENDING
Term Loans
Up to 15-year amortization term loans. Ideal for borrowers looking to grow through development or acquisitions.
Line of Credit
Acquisitions, Expansion, New Construction, Remodels, Equipment, Vehicles
Working Capital Loans
SBA Loans
REAL ESTATE LOANS
New Construction
Renovations and Expansions
Commercial Lines of Credit
Cash Management: Our bank in your office.
You know the value of seamless cash flow. We have the cash management tools and professionals to make that a reality for your business. No matter your size or location, Northern Bank is ready to go to work for you.
Knowledgeable service.
Our Cash Management experts:
Understand your business and industry
Show dedication and tailor custom solutions
Bank when and how you need to.
We make banking easy:
Mobile and online access for banking on the go
Dedicated team with a direct telephone and email to support your team with same day resolution
Remote assistance with system mirroring to resolve problems or train employees
Multi-User Management with customer roles, approvals and administrators
Hassle-free implementation of transition services
Fast, convenient payments.
However you get paid or pay your bills, we help you get it done faster.
ACH. Use ACH origination for electronic cash concentration, employee direct deposit, vendor payments and distributions.
Wires. Initiate domestic and international wire transfers.
Smart Safe. Save time and reduce employee theft with Smart Safe daily credit service.
Merchant Solutions. Provides clear, competitive rates, next business day funding and US-based, personal customer service.
Lockbox Services. Have your clients mail checks to a Lockbox managed by us; includes online reporting with access to check images, remittance documents and correspondence received.
Dan Connelly brings 25 years of franchise-based transaction experience to Northern Bank in his new role as the head of Northern Advisory Services, a division of Northern Bank. Dan will be focused specifically on mergers and acquisitions, recapitalizations, valuation services, exit strategy planning, and restructurings.
Prior to joining Northern Bank, Dan spent many years at Dunkin’ where he managed the corporate real estate portfolio, franchisee to franchisee network sales process, and spearheaded the purchase of multiple independent coffee brands, which were then converted to Dunkin’ locations.
Dan also spent many years of his career at independent banks, leading over 100 transactions in 24 states, with aggregate transaction value exceeding $1 billion for major brands, including Dunkin’, Wendy’s, 5 Guys, Hardees, Burger King, and Popeyes. He has also been a keynote speaker at industry conferences, as well as a recurring winner of the Franchise Times Dealmaker of the Year Award.
True Partners are always there when you need them.
READY TO GROW YOUR FRANCHISE NETWORK?
Meet your expert Northern Bank Team.
JAMES MAWN, ESQ.
President & CEO
COURTNEY HARKINS
Head of Specialty Lending, Senior Vice President
THOMAS MCLAUGHLIN
Commercial Loan Officer, Franchise and Restaurant Lending, Assistant Vice President
KAREN COSTIN
Cash Management Sales Manager, Vice President
RAYMOND CLARK
Executive Vice President
JESSICA D'ANGELO
Head of Franchise and Restaurant Lending, Vice President
IVETTE KORECKI
Head of Cash Management, Vice President
DAN CONNELLY
Managing Director of Northern Advisory Services, a Division of Northern Bank
True Partners don’t squash dreams, they build on great ideas.
Northern Bank is entrepreneurial. If it’s good business, we find a way to get the deal done. We have stayed true to the principles of our entrepreneurial founders.
"We view Northern Bank as a partner, not just a bank. Whenever we’ve needed their help, they’ve been there for us."
JUDD WISHNOW | Franchisee
"Northern Bank is a true and trusted partner in our growth and they consistently think outside the box to help us achieve our goals."
TIM CLOE | Franchisee
"Northern Bank has been an invaluable partner in our growth. They take time to understand our business and work with us to meet our goals all while providing great service."
MARK CAFUA | Franchisee
TRUE PARTNER
–SINCE 1960–
