A Business Line-of-Credit will assist your business with managing cash flow without leaving your company short on operating cash. Our Business Services Team will help to determine the option that will best fit your business needs.
This loan features a fixed or variable-rate tied to the Wall Street Journal's Prime Rate plus a margin and interest-only payments.
Details
• Interest-only payments
• No application fee, no prepayment penalty
• Overdraft protection
• 24/7 account access
With a business revolving line-of-credit, you can carry a balance (based on an annual review) and payments are based only on credit used. Funds become available again after the advance is repaid.