At Woodsboro Bank, we take great pride in serving the lending
needs of our commercial customers. We know and appreciate the extensive
role that locally-owned businesses play in Frederick County’s
overall economy. Accordingly, we offer a variety of loans that
are designed to respond to every aspect of business operation and
growth.* Contact the Commercial Lending Department.
Overdrafts happen. When they do, it’s nice to have a little
cushion. Once approved for our no annual fee Overdraft Protection
service, we’ll cover your check – up to a pre-approved
limit – should you exceed your account balance. We’ll
also notify you in writing when Overdraft Protection has been accessed,
allowing you to quickly pay off any interest charge and re-establish
a positive account balance.
Lines of Credit
Our Lines of Credit are intended to help support the working capital
needs of your business, financing accounts receivables and inventory
Term Loans provide the capital you need to make substantial improvements
to your business. Whether you want to renovate a building or
buy new equipment we offer a variety of loans with flexible terms.
Real Estate Loans
When its time to purchase a location for your business, come see
us. We offer a variety of commercial mortgages with terms that
are intended to meet your immediate and long term needs.
Small Business Administration
Woodsboro Bank offers both SBA (7a) and SBA 504 loans that allow
qualifying businesses to finance owner-occupied buildings and
other fixed assets with as little as 10% down, and obtain long-term
financing that is below market fixed rate.
*The following is a general overview of Woodsboro Bank products. All new accounts are verified through ChexSystems. Overdraft Protection requires credit approval. Consult a branch manager for complete details associated with any of our products or programs.