Small Business Banking

Discover the benefits of borrowing from a great local bank!

Local Expertise - Attractive Rates - Attentive Service - Quick Decisions

For financing solutions geared specifically to local small businesses1, count on Burke & Herbert Bank. You’ll find attractive rates and terms2, and loan decisions in as little as three days3! Best of all, you’ll work with our local bankers and lending experts, who care about helping local businesses succeed. You are, after all, our neighbors and friends.

Small Business Line of Credit
A dependable source of cash can make all the difference in today’s business environment. And because your credit line replenishes as you repay, it will continue to be there for you throughout the 24-month term.

Product Details

• Lines from $10,000 to $150,000 (unsecured) or up to $500,000 (secured)
• Variable rates based on Prime2
• 0.25% discount available with auto-pay from your Burke & Herbert Bank business checking account
• Interest-only payments
• 24-month term
• No annual fee
• Easy access through Business Online Banking, Mobile Banking or by check

Small Business Term Loan
Our local lending experts will help determine the right loan to meet your needs, with a lump sum to help your business grow.

Product Details

• Loans from $10,000 to $500,000 (secured)
• Terms from 18 to 60 months
• Attractive fixed rates based on Prime2
• 0.25% discount available with auto-pay from your Burke & Herbert Bank business checking account

Small Business Owner-Occupied Real Estate Loans
Get the financing you need to purchase property for your business, or to update your current property to meet the needs of your business.

Product Details

• Loans up to $500,000
• Terms up to 15 years4

Apply Now

Call us, or stop by any branch. We’ll work with you to find the loan or line of credit that works best for your business.

1. To apply for a small business loan or line of credit, your business must be in operation for two years or more and have a primary location in the Bank’s lending area. In general, small business loans and lines of credit are for businesses with annual sales of $3 million or less.
2. Rates are based on Prime plus a margin, which takes into consideration creditworthiness and size of loan/line of credit.
3. Loans and lines of credit are subject to credit approval. Three-business-day decision period begins upon receipt of complete application and required documents. An origination fee may be charged, based on a percentage of your loan request. If your request is secured by real estate, we will need to obtain an independent appraisal. We will charge you a fee for this appraisal and will provide the appraisal results to you. Any other fee information will be provided.
4. Owner-occupied real estate loans are available when the business occupies over 50% of the property.
Member FDIC    Equal Housing Lender