Industrial Bank

Since 1934, we have helped businesses grow and prosper. We've done this by providing our business customers with innovative and reliable services while being responsive to their special needs.

Contact Information
DC and Prince George's County
(202) 516-8310 https://www.industrial-bank.com/
General Information

Rob Caro | Commercial Loan Officer | (202) 516-8310 | rcaro@industrial-bank.com

Advisory Services Offered

Products & Services

Products & Interest Rates

  • Secured term loans: Varies
  • Unsecured term loans: Varies
  • Secured lines of credit: Varies
  • Unsecured lines of credit: Varies
  • Business credit cards: Varies

Loans Offered

  • Small business loans
    • $50,001 – $150k
    • $150,001 – $250k
    • greater than $250,001

SBA & Other Products

  • 7(a) loans
  • 504 loans
  • CAPLines Loan Program
Eligibility & Requirements

General Requirements

  • Personal Credit Score:
    Minimum 640+
  • Business Credit Score:
    Varies
  • Personal Guarantee:
    Yes
  • Collateral:
    Real estate, accounts receivable
  • Number of Months Financial Statements:
    2 years
  • Years in Operation:
    2 years
  • Annual Revenue:
    Varies

Ineligible Loan Uses

  • Cash flow
  • Collateral
  • Experience

Note: These are generally required
Items, industries, and/or purposes that are not eligible for financing