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 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.
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.