- Competitive rates for a wide range of long-term or seasonal business needs:
- Seasonal fluctuations are understandable so business lines of credit can be used to finance inventory and accounts receivable build-up associated with seasonal business activity.
- Inventory – use business lines of credit to help cover inventory expenses during a slow season, or just to stock up on supplies in case of an emergency.
- Capitalize on trade discounts – if you find yourself short on cash needed to take advantage of trade discounts, securing a business line of credit is a good solution.
- Working capital – take your business up a notch by bridging the gap between the tasks you need to do and the cash flow you need to get them done.
- Ongoing updates – whether you need to upgrade software, equipment or offices business lines of credit can provide you with the funding you need to achieve your business goals.
- More business lines of credit options are available as the perfect financial solution when your capital needs are evolving.
- Business lines of credit can be secured by collateral such as real estate, equipment, accounts receivable, and inventory.
- Repayment terms can be customized based on your business’s unique needs.
- Only pay interest on the amount drawn.
- Funds are easily accessible via cashier’s check, bank wire, or account transfer for your convenience*.
*Additional fees may apply
