Set Your Business Up For Success!
The Perfect Solution!
Whether you need short-term cash flow for working capital or to cover the purchase of inventory, we’ve got you covered with flexible business lines of credit. And with easy access to funds, setting your business up for success has never been easier.
A Business Line of Credit is Perfect For...
Short-term Working Capital
Purchase of Inventory
Growing Your Business
Meeting Increased Demand
Unlock The Full Potential of Your Business
Feature | Description |
Business Purpose: | Short-Term Working Capital and Purchase of Inventory |
Loan Amount: | $25,000 - $1,000,000 |
Terms: | On Demand/Annual Review |
Interest Rate: | Variable Based on the Prime Rate Plus a Margin. Fixed Rate Available as Determined at Time of Approval |
Access to Funding: | Advances Made Directly to Your Leader Bank Checking Account |
Monthly Payment: | Interest Only. Principal Paid at Borrower’s Discretion. Annual 30-Day Clean Up Required |
Collateral: | First Lien on All Business Assets And/Or Liquid Collateral. |
Guaranties: | Required From Each Borrower/Owner |
Costs: | Closing Costs Vary by Complexity of Transaction. Annual Facility Fee 1%. |
Features/Benefits: | Automatic Payment Feature |