Business Line of Credit
Perfect for working capital, or meeting the every day expenses of businesses with a cyclical revenue stream, our lines make it easy to get the money you need – when you need it. As you repay the balance, the funds will once again be available, to carry you through the year, no need to reapply for another loan. Even if you don’t have an immediate need, having a Business line of credit is a good idea to provide stability when receivables or revenue are sporadic or when you suddenly want to take advantage of a great opportunity for your business.
- Rent, inventory and other working capital
- Covering costs during slow cycles for seasonal or cyclical businesses
- Taking advantage of specials or purchasing in bulk to save