Commercial Loans

Commercial-LoansCommercial Loans

For over 100 years Bank of Ocean City has been making loans to local businesses and fueling the growth of our community.  Our commitment to supporting local business is deeply rooted in the Bank’s lending practices and quick response time.  Our staff of Certified Business Bankers can help you and your business succeed and adapt to the ever changing commercial market.

We realize there is no “one size fits all” loan structure. That is why our loan officers at Bank of Ocean City seek to understand your business and its needs so they can provide a loan with repayment terms that work best for your business.  Come in and see how we can customize a loan to fit your business needs.

Every business needs capital to operate and grow.  Whether you are thinking about expanding your business or developing a commercial property; our loan officers welcome the opportunity to discuss your financing needs.

Have a financing need? Explore Bank of Ocean City’s Business Loan options and then give us a call!  Below is a partial listing of our commercial loan products.

Commercial Real Estate

We offer commercial mortgages on real estate, both improved and unimproved, to fit your business needs.  With our ability to deliver quick lending decisions, we will not delay your real estate acquisition or refinancing transaction.  Our real estate lenders have the strong industry knowledge and market expertise to structure a loan that best meets your needs. 

Commercial Mortgage

We offer commercial mortgages customized to meet your business needs.  With our ability to deliver quick lending decisions, we will not delay your real estate acquisition or refinancing transaction.  Additionally, we finance both investment and owner-occupied real estate.

Investment Property

We offer commercial mortgages on investment property.  With our ability to deliver quick lending decisions, we will not delay your real estate acquisition or refinancing transaction.  Flexible repayment options are available, especially to help with a seasonal environment.

Line of Credit

We offer lines of credit designed to fund short term working capital needs, seasonal purchases, inventory, and receivables. We work closely with you to understand the unique cash flow cycle of your business and help determine the best fit.

Letter of Credit

We offer letters of credit to businesses that need a surety or performance bond.  Bank of Ocean City will work with you to structure a letter of credit to meet your company’s specific needs.

Commercial Construction

We offer construction loans that fit your development needs.  Whether it be a simple construction loan or a land acquisition/redevelopment project, Bank of Ocean City has the loan to fit your needs. 

Equipment Financing

We offer equipment financing and can offer flexible repayment options.  By financing, your working capital remains available for other business opportunities.  Match the term to the life of your asset, and your repayment schedule can be structured to fit your cash flow. 

Custom Lending Product

Bank of Ocean City understands the seasonal environment of a resort town and its communities.  We offer flexible lending products that accommodate nontraditional repayment terms for businesses that do not enjoy steady year round cash flow.  Let Bank of Ocean City create a custom loan to fit your business needs and cash flow.

Starting the Business Lending Process

It’s important to work with an experienced, local banker who you can work with you throughout the loan process. As a community bank, our loan officers are here to help your business succeed and assist you every step of the way.  The success of your business is a priority at Bank of Ocean City!

Here is a list of items that will be needed to get the loan process started:

  • Two years of business tax returns, including all schedules if available.
  • Two years of personal tax returns
  • Personal Financial Statement; completed, signed and dated.

For your security, do not send these documents to us through regular email. Please use a secure email service.
Every borrower is unique, please contact us for a customized solution to begin the business lending process.

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Paycheck Protection Program


Bank of Ocean City is making every effort to assist our customers in this time of need and is actively attempting to participate in the Paycheck Protection Program.

Currently, like other financial institutions across the county, we are reviewing the US Treasury guidance that was released late yesterday and waiting on final guidance and details from the Small Business Administration. We will update you as soon as guidance on submission of applications is released. At that time we will begin accepting applications. The website will be updated as additional information becomes available.

Thank you for your patience during this challenging time for all of us.


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