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Commercial Lending Products
Slavie Federal Savings Bank offers a variety of Commercial Lending Products that can be tailored to fit the needs of your business. Please note: at this time we are only originating commercial loans for Maryland companies.
For the latest rates and products available for commercial lending, please contact Charles E. Wagner, Jr., Executive Vice President and Chief Lending Officer, Michael Tagg, Vice-President of Commercial Lending or Tim Nichols, Vice-President of Commercial Lending. Their contact information is:
Charles E. Wagner, Jr.
Executive Vice President and Chief Lending Officer
443-265-5570 x 1120
c.wagner@slavie.com.
Michael Tagg
Vice President of Commercial Lending
410-444-5555 x 3112
m.tagg@slavie.com.
Tim Nichols
Vice President of Commercial Lending
443-265-5561 x 1109
t.nichols@slavie.com.
Lines of Credit
 Commitment approved for short term working
capital needs
Attractive floating interest rates, tied to the
WSJ Prime Rate
Terms: Interest only, payable monthly
Interest charged only on funds in use
Commitment is revolving: as principal is repaid,
borrowing capacity is restored
Equipment Lines of Credit
Commitment approved for equipment purchases only
Each advance repaid over 3-5 years
Fixed or floating rate option given at time of each
draw
Level total payment or principal plus interest
option available
Up to 80% of purchase price of new or used
equipment financed
Commitment is revolving: as principal is repaid,
borrowing capacity is restored
Term Loans
For single asset purchases: equipment, autos, trucks
Each advance repaid over 3-5 years
Fixed or floating rate option given at time of each
draw
Level total payment or principal plus interest
option available
Up to 80% of purchase price of new or used
equipment financed
Commercial Mortgages
Owner occupied or investor (over 4 units)
Up to 75-80% of appraised value or cost of
subject property advanced
Fixed or floating rated options
Level total payment or principal plus interest
option available
Amortizations as long as 30 years available
(5 year maturity)
Construction/Permanent loans available
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