Business Lending

Business Lending Solutions

1. Working Capital Line of Credit*:
   • Purpose: Provides revolving short-term financing for day-to-day operations such as payroll, inventory purchases, or paying suppliers.
   • Interest: You pay interest only on the amount drawn, not the entire line of credit, which helps manage costs.
     
   • Flexibility: Allows you to borrow and repay as needed, offering flexibility for managing cash flow.
     
2. Fixed Term Loans:
   
   • Purpose: Designed to finance new equipment or machinery purchases without impacting your cash flow.
     
   • Benefit: You can spread out the cost over time with a low fixed interest rate, making large purchases more manageable for your business.
3. Equipment Line of Credit:
   
   • Purpose: Provides a pre-approved amount for upcoming equipment purchases, so you can buy equipment when it's needed without applying for financing each time.
     
   • Benefit: Offers flexibility to make equipment purchases as the need arises, streamlining your ability to grow your business.
4. Business Overdraft Line of Credit:
   
   • Purpose: Provides convenient access to cash when your business faces a shortfall or needs to cover unexpected expenses.
     
   • Benefit: Offers competitive rates and acts as a financial safety net, ensuring that
     your business has access to funds when necessary.