BUSINESS LINE OF CREDIT
Our revolving business line of credit can provide eligible businesses with repeat access to capital for ongoing operating needs, short-term opportunities, and unexpected expenses.
WHAT THIS CAN HELP WITH
Revolving access
Available credit can replenish as balances are repaid, subject to the agreement.
Cash-flow support
Use approved draws to handle timing gaps between expenses and receivables.
Growth opportunities
Act when inventory, hiring, equipment or expansion opportunities appear.
Flexible draws
Draw what you need, when the structure allows, instead of taking one lump sum upfront.
A SIMPLE PROCESS
1. Apply
Share basic business information and your capital request.
2. Review
We review the business, the intended use, and available documentation.
3. Options
If there is a fit, review the amount, structure, cost and repayment terms.
4. Funding
Complete final requirements and move toward funding.
FREQUENTLY ASKED QUESTIONS
What is a business line of credit?
It is a form of revolving business financing that provides access to funds up to an approved credit limit, subject to the agreement and draw requirements.
Do I pay for unused availability?
Terms vary by product. Review the final agreement for fees, draw costs and repayment terms.
Will the line replenish?
Many revolving structures replenish availability as principal is repaid, subject to the product terms.
READY TO TALK ABOUT YOUR CAPITAL NEEDS?
Start with a short request. We will follow up on the information needed for review.