Commercial Loans

Part of Colombo Bank's Relationship Banking model is the ability to provide a loan product tailored to the specific needs of your company. Colombo Bank loan officers are experienced and work hard to understand the needs of your business. All loan decisions are made locally and in a timely fashion by officers and directors who know the Washington DC and Baltimore market areas and the challenges faced by your company.

Contact a commercial lender.

View a checklist of items needed to complete a commercial loan request.

Commercial Real Estate

In today's real estate market, Colombo Bank provides a full range of loan options. Our real estate term loans typically involve financing or re-financing the acquisition of owner-occupied or investment real estate. Loans are usually repaid through equal monthly payments. Interest rates can be fixed or adjustable depending on your particular needs. Real estate loans are used to finance the following properties:

  • Offices
  • Investment properties
  • Medical and warehouse buildings

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Construction Loans

Colombo Bank's Real Estate Group provides construction and permanent financing for both Commercial and Residential Investment Real Estate to builders, developers and investors. Commercial property types include: office and medical buildings, retail centers, and warehouse and industrial buildings. Residential property types include: apartment buildings, residential site development and single family, townhouse and multi-family homes. Loan types include:

  • Acquisition, Development & Construction Loans
  • Construction/Permanent Loans
  • Permanent Loans

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Small Business Administration Loans (SBA)

Colombo Bank's SBA loan officers provide financing to new and existing businesses that may not qualify under conventional bank terms. Compared to conventional loans, SBA loans offer more flexible underwriting guidelines, including smaller down payments, longer terms, and fully amortizing loan structures. We are able to provide the following SBA Loans:

  • SBA 7A
  • SBA 504

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Lines of Credit

Colombo Bank offers lines of credit which finance a variety of short-term credit needs and can be structured to meet seasonal or cyclical demands, amount, terms, and repayment schedules. Collateral can be structured to meet the specific needs of your business. Purposes of lines of credit include:

  • Short-term working capital
  • Accounts receivable financing
  • Inventory financing
  • Development or Construction financing
  • Support of bonding requirements (Letter of Credit)

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Letters of Credit

Colombo Bank offers this service to businesses requiring credit support for purchases or to serve as guaranty of performance.

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Term and Installment Loans

With a term loan, the borrower typically receives a lump sum from the bank, then repays the loan in equal monthly payments over a specified period of time. Term loans are usually 1-5 year in length, and may be used for the following purposes:

  • Equipment purchases or refinances
  • Long term working capital
  • Acquisition of a business
  • Vehicle financing

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To get started

Contact a commercial lender.

View a checklist of items needed to complete a commercial loan request.