Operating Lines of Credit
Remain operationally sound with a source of funds as flexible as your needs are ever-changing.
Details
- Competitive rates for a wide range of seasonal or ongoing business needs
- Customized terms that meet your business’s unique needs
- Funds available instantly as needs arise; no need to apply for another loan
- Revolving credit – as principal is repaid, more becomes available for use again
- Only pay interest on the part that is used
- Credit sweep available – excess funds applied nightly to your line of credit or funds advanced automatically to your checking account as needed
- Local decision-making and processing for quick approvals
- Subject to credit approval