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Business

Revolving Lines of Credit

Offers flexible financing options up to $5 million to manage business cash flow and short-terms working capital needs

Advances and repayments can be made at any time during the term of your line
Interest is charged only on line utilization
Ideal for short-term working capital needs such as payroll, receivables, seasonality
Generally one year term

Asset-Based Line of Credit

Structured facility based on advances on business accounts receivable and inventory. Ideal for managing rapid business growth and product expansion

Advances and repayments can be made at any time during the term of the line
Interest is charged only on line utilization
Line availability based on a borrowing base calculation upon business receivables and inventory
Generally one year term
Minimum of $1 million, generally up to $25 million

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