Supporting Community Development

Small Business Loans

Small business loans can be used to support new, growing, or non-profit businesses in West Virginia.

You may be able to borrow up to $150,000 to invest in working capital, equipment, inventory, vehicles, and more. Our goal is to help support or grow your business to make it more bankable.

Our Small Business Loan application is not complicated and we can help you gather all the information you need to apply.

We support industries like trucking, logging, and manufacturing, as well as service industry, consulting, brewing/distilling, non-profits, recreational tourism, and education.

We help people who want to

  • borrow money directly from Woodlands
  • procure gap funding for a conventional loan
  • fund a down payment on a conventional loan
  • get a joint loan from a community bank
  • use technical assistance to work towards qualifying for a conventional loan

loans available for:

new and existing businesses and non-profit organizations

loan amounts

loans available from $2,500 – $150,000

interest rates

fixed rates from 5-7%

other requirements

business plan and projected cash flow

collateral

personal guarantee and UCC-1 lien on all business assets required

next steps

complete the pre-application form below and we will contact you for further information

Helpful Healthcare

“Woodlands was instrumental in not only helping us find a practice space, but also financing the funds needed to turn it into a comfortable place for the community to receive alternative healthcare. I’m so grateful!”

The Woodlands Fizz?

“Woodlands has fine-tuned their loan application and were there to help me navigate the process. They are a huge community asset. We will be naming a cocktail after them for sure!”

Stories About Some of Our Borrowers

Stories: “I’m Very Particular About My Fish”

John Bell, owner and operator of Johnny B’s Campground in southern Randolph County, takes his fishing ponds very seriously. The central feature of a multi-faceted property, his three fishing ...

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Stories: Big Timber Shows the Big Impact of Small Businesses

Matt and Ashley Kwasniewski were shopping around for startup capital for their craft brewery idea in 2012, just as we opened the doors of Lenders. None of the commercial ...

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Stories: TipTop Of The Iceberg: Leveraging Funding into Large Local Investment

TipTop no longer needs us. The business now has the resources and collateral to qualify for conventional financing. But back in 2012, when Cade and Carrie Archuleta were purchasing ...

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