Term Loans

features

Term loans come with the following benefits:

• Financing solutions over the short and long term
• Fixed and manageable repayments
• Longer repayment term
• Building business credit

If your business is growing and you want to expand your reach, a term loan allows you to invest in a new location or purchase new equipment.

Woodsboro Bank will provide you with several options to choose from, including rates and repayment terms. A long-term loan is suitable for substantial expenses such as renovations and purchasing property and provides numerous advantages:

• Retain authority in decision-making over investors in your business by securing debt finance. A long-term loan allows you to finance future investments without relinquishing control to your investors.
• Protect your business interests.
•  Allows for expansion of your business with fixed monthly payments to help you budget cash flow

Woodsboro Bank offers flexible term loans to help local entrepreneurs build their businesses and the local economy. If you know exactly how much you need, we can help you finance your goals.