Business Lines of Credit

A Sound business Line of Credit will allow you to borrow as much as you need, precisely when you need it. You may borrow a set amount and pay it down repeatedly, balancing your cash flow needs with this ready source of short-term funds. A Line of Credit is simple and easy to use, and is an excellent financial tool to:

• Cover short-term cash needs until accounts receivable can be collected
• Take advantage of supplier discounts
• Cover seasonal working capital needs

A Line of Credit is most often secured by accounts receivable, inventory, and other business assets, and is renewable annually.