Small Business Loans Are Better Here
Small Business Financing Solutions for Local Businesses Like Yours
Credit Solutions to Help Small Businesses Do Better
Check out our new line-up of small business loans and lines of credit. We tailored them for the needs of small business – we offer attractive rates and terms, expert support, and fast loan decisions: no more than three business days1, we promise!
Small Business Line of Credit
A dependable source of cash when opportunity knocks, when your cash flow tightens up, or another need arises. Your credit line replenishes as you repay, so it's always there for you:
- Lines from $10,000 to $150,000 (unsecured) or up to $500,000 (secured) with a 24-month term
- Variable rates based on Prime2, with a 0.25% discount available with auto-pay from your Burke & Herbert Bank business checking account
- Interest-only payments
- 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:
- Loans from $10,000 to $500,000 (secured), with terms from 18 to 60 months
- Attractive fixed rates based on Prime2, with a 0.25% discount available with auto-pay from your Burke & Herbert Bank business checking account
We also offer Small Business Owner-Occupied Real Estate Loans up to $500,000 with terms up to 15 years.
To learn more, stop by any branch today, call us at 703-684-1655 or request that a Business Banking Officer contact you.
1. Loans and lines of credit are subject to credit approval. Three-business-day decision period begins upon receipt of complete application and required documents.
2. Rates are based on Prime plus a margin, which takes into consideration creditworthiness and size of loan/line of credit.