Standby Letters of Credit

The support and backing of Wayne Savings on your side

Created as a sign of good faith in a business transaction, Standby Letters of Credit are designed to ensure that payment will be made for contracted products or services. At Wayne Savings, we offer this for the convenience of our business customers (upon approval) as proof of their available credit and repayment abilities, and to enable them to extend their available opportunities.

Benefits

  • Empowered and experienced lenders who know the market
  • Quick turnaround
  • We’re local: Local processing, local  underwriting, local approval and local servicing

Ready to get started? Contact our Business Banking Team today.

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