New Boston Capital Corporation is a Chelsea, Massachusetts Commercial Construction Loan company. They offer loans from $25K to $5 million, with closings as fast as five to 10 days. They loan on properties in New England, including commercial, apartments, condominiums, multi-family, industrial, office, mixed-use, retail, subdivisions, land and non-owner occupied residences. Additionally, they offer first and second mortgages, construction loans, bridge loans, acquisitions, note purchasing and lines of credit. Interest rates start at 12% and loan terms are between three to 24 months. With no prepayment penalties, interest only payments and 60% LTV, they strive to help provide valuable capital to the commercial and business sectors.