Business Loans

Business Loans

Start. Grow. Thrive.

Contact Our Business Banking Team

COVID-19: DISASTER LOAN ASSISTANCE

The Small Business Administration (SBA) offers disaster assistance in the form of low-interest loans to businesses, renters, and homeowners located in regions affected by declared disasters.

The administration soon will release more details including the list of lenders offering loans under the program. In the meantime, the U.S. Chamber of Commerce has issued this guide to help small businesses and self-employed individuals prepare to file for a loan.

SBA Coronavirus Emergency Loans GuideMore SBA Resources for COVID-19 Relief

Success is Yours

Helping your business succeed, while strengthening the local community, is one of our primary objectives. We offer many Business Loan options, with very competitive rates and terms to help you make the most of your business opportunities. We’re dedicated to providing prompt loan approval and the personal attention that you and your business deserve.

Business Loan Options

Found a space for your business to flourish?  Freedom will customize a commercial mortgage loan to fit your needs and your budget.

  • Owner and non-owner occupied financing available
  • Available from $15,000
  • Flexible terms
  • Up to 25-year amortization
  • Refinancing

Is this the right loan for my business?

If you are considering purchasing or refinancing a property, either to rent as an investment or to operate your business, then you will want a commercial mortgage loan. Commercial mortgage rates are usually locked in for 5 years, and then adjusted again. Loan payments are typically based on a 15 or 20-year amortization schedule, and usually have a 15-year maturity.

Disclosures

Note: All loan terms are subject to change and consideration for all loans and lines-of-credit are made on a case-by-case basis. Email [email protected] for additional information.

Freedom’s Business Lines-of Credit provide you with short-term working capital to keep your business moving…

  • Secured and Unsecured Lines
  • Available for working capital
  • Flexible terms available

Is this the right loan for my business?

Lines-of-Credit provide immediate access to funds for quick purchases or short-term capital needs (payroll, taxes, inventory, or to meet business cycle needs).

Disclosures

Note: All loan terms are subject to change and consideration for all loans and lines-of-credit are made on a case-by-case basis. Email [email protected] for additional information.

At Freedom, we’re dedicated to providing prompt term loan approval and the personal attention that you and your business deserve.

  • For vehicle, machinery, equipment or other purchases
  • Automated monthly repayment schedule
  • Quick and easy application process

Is this the right loan for my business?

A term loan is a standard solution, often with a 3-7 year term. Great for business purchases, such as vehicles, equipment, other physical property, and/or debt consolidation. They provide a consistent monthly payment (principal and interest) over the life of the loan.

Disclosures

Note: All loan terms are subject to change and consideration for all loans and lines-of-credit are made on a case-by-case basis. Email [email protected] for additional information.

Meet Our Team

Thank you for your interest in Freedom’s Business Banking! Our dedicated team of business banking specialists are ready to assist you.

  • Bob Wehland

    Bob Wehland

    Title: Senior Vice President Business Banking

    Bob has over 20 years’ experience in banking management. He oversees the management and servicing of Freedom’s business loan and deposit portfolios, ensuring compliance with regulations, policy and best practices. Bob’s expertise includes total profit and loss tracking, budget preparation, expenditure control, sales growth and team performance. Bob represents Freedom at business and community events and leads our Community Outreach Committee.

    1-800-440-4120 ext.3102

  • Jeff Herman

    Jeff Herman

    Title: Business Banking Specialist

    Jeff has 25 years of sales experience. Originally from Ohio, Jeff now calls Maryland home after stops in California and North Carolina. Jeff is an experienced Sales Professional with a demonstrated history of working in multiple industries, which he now uses to develop relationships with businesses in the Harford County community. Jeff represents Freedom at business and community events and is a member of the Route 40 Business Association Board of Directors.

    1-800-440-4120 ext.3114

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