Financing Flexibility on Your Terms
A business line-of-credit is a type of flexible, pre-approved commercial financing instrument in which a maximum loan balance is established and allows the borrower to draw on the funds whenever they wish. A line-of-credit can range from $5,000 to well over $5,000,000 for mid-size companies.
Many Advantages
While there are many advantages to a line-of-credit for a business, the greatest advantage may be the fact that a LOC allows a company to borrow as much money as they need without having to go through an approval process with a lender. The financing is pre-approved and is readily available to draw upon until they reach the maximum allowed.
Support Every Step of the Way
From completing your application to receiving your line of credit, we’ll be there to assist you. If you have any questions, our Customer Support team is available to help. We are dedicated to ensuring that your business operations are a success.