FREDERICK, Md.--(BUSINESS WIRE)--As a community bank, Frederick County Bank is committed to the local economy and the businesses and people who drive it, and for two years in a row has been recognized as a top 10 SBA lender in the greater Baltimore area. In the Frederick, Maryland community, many established small local businesses are focusing on expansion -- whether that means opening new physical locations, investing in inventory, injecting capital, or adding equipment and staff.
Small Business Administration (SBA) loans give business owners the chance to obtain lending with far more options than a conventional business loan. SBA loans can mean longer terms, lower payments and better cash flow, as well as less money down.
As part of its efforts to work closely with the local economy, Frederick County Bank has partnered with Holtmeyer & Monson, the industry’s premier SBA Lender Service Provider, which for 30+ years has been assisting community banks in meeting SBA requirements to maximize loan applicant success. In fact, based on its extensive due diligence, the Independent Community Bankers of America (ICBA) has endorsed Holtmeyer & Monson as its only recommended provider in this category. This partnership, along with Frederick County Bank’s expertise will help navigate local businesses through the loan process, making it smooth and successful.