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Business Lines of Credit

Short-term financing solutions to help your business thrive!

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Set Your Business Up For Success!

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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.

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A Business Line of Credit is Perfect For...

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Short-term Working Capital

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Purchase of Inventory

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Growing Your Business

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Meeting Increased Demand

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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

 

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