Operating Lines of Credit
Keep your business operationally sound by providing an anytime source of funds. Once established, your Operating Line of Credit can be withdrawn at anytime — no need to reapply for individual installments.
Plan for seasonal fluctuations, update inventory, boost your working capital, or even manage all of the above and then some. Having a competitive-rate credit line offers your business the flexibility you need to manage today and also plan for the future.
- Competitive rates and adjustable credit limit to address a wide range of business needs:
- Seasonal fluctuations
- Capitalize on trade discounts
- Working capital
- Ongoing updates
- And much more
- Provides greater financial flexibility
- Repayment customized based on your business's unique needs
- Funds available right as you need them; apply once then use again when needed thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Only pay interest on the part that's used*
- Local decision-making and processing
- Personalized service that aligns our offerings with your needs
* Consult a tax advisor.