Business Loans in Maryland - Harbor Bank of Maryland

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Commercial Loans 

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Keep your business moving with a variety of loan options designed to give your business a boost.

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Working Lines of Credit

  • Minimum of $50,000
  • Competitive rates 
  • Up to 2 year maturities 
  • Interest due monthly 
  • Useful for financing short-term working capital needs, payroll, inventory, and managing fluctuations in cash flow  

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Commercial Real Estate

  • Competitive rates 
  • Up to 75% financing
  • 25 year amortization 
  • Existing business must show fixed debt coverage of at least 1.25 times for previous year end and current interim period 
  • Useful for purchasing either investment properties or owner-occupied properties and construction/renovation financing 

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Permanent Loans 

  • Competitive rates 
  • Up to 10 year maturities 
  • Fixed principal and interest payments 
  • Useful for purchasing fixed assets or refinancing/consolidating business debt  

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SBA Lending

  • Loans up to $5 million 
  • Up to 25-year maturities 
  • Fully amortized 
  • Variable and fixed rates 
  • Up to 90% financing 
  • Useful for working capital financing, purchasing equipment/materials, purchasing commercial real estate, new building construction, existing building renovations, establishing a new business, acquisition/expansion of an existing business, partner buyouts, refinancing/consolidation of business debt

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