Welcome

About us and our role

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Our Loans are secured by the value of the real estate pledged as collateral. We lend in the following states:

  • Massachusetts

  • New Hampshire

  • Rhode Island

Private lending, loan purchases and real estate holdings since 1990​

We only lend for commercial purposes. We do not finance owner occupied primary homes.

Loans are only made to legal entities such as corporations, LLC’s etc.

This can be handled as part of the closing.

Please note:

56 Pine Street, 3rd Floor

Providence, RI 02903

Telephone: 401-453-6870

Fax 401-453-6700

scottbadams@verizon.net

14 Courthouse Lance, Suite 16

Chelmsford, MA 01824

Telephone: 978-934-9000

Fax 978-934-9004

kgillis@northborocapital.com

  • Connecticut​ 

  • Maine

There are many reasons investors use private lenders or so called “hard money” for their projects.  

Among these reasons are: property condition, vacancies, poor credit, environmental, insufficient equity and/or property type. Traditional commercial lending is cumbersome and time consuming with no guarantee of successfully obtaining credit.  We are committed to provide closings in as little as one week’s time.

Northborough has over 50 years of combined real estate experience in the commercial lending arena.

We are focused on direct lending and note purchases secured by commercial real estate in the New England market.

Attention all bankers!  We purchase non-performing, or otherwise troubled, loans directly from commercial lenders as well as through the various auction facilities.  We understand that there are numerous reasons why a bank would rather convey its interest rather than pursue its contractual and statutory remedies against a particular borrower. 

loan terms


Types of loans


meet the principals