Lines of Credit

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Summary

Financial Flexibility to fit your Business Needs 

Many businesses utilize a line of credit (LOC) to cover gaps in short-term working capital. A line of credit can also offset seasonal cash flow lapses. The advantage of a LOC over a traditional business loan is that interest is not usually charged on funds not in use.

Common LOC uses include:

  • Payroll to expand workforce/capacity
  • Purchase of inventory during a busy season
  • Materials to fulfill a larger order

Funds can be drawn as needed, subject to a set borrowing base.

Contact a business lender at a location near you to discuss financial products designed to fit your unique needs.

Our Lenders can tailor a loan to fit your unique business needs.

We Offer:

  • Timely responses
  • Revolving or non-revolving
  • Flexible structure & terms