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Business Line of Credit:
Convenient, Flexible, Economical
- Lines of Credit are suitable for any business requiring Working Capital Finance to finance their regular asset conversion cycle or seasonal cash shortfalls.
- Lines of Credit are flexible financing solutions that are designed to meet your business' needs and provide you with the financing flexibility you require.
Advantages
- Borrow only what you need and keep your interest payments low.
- Your funds are available immediately.
- Release company cash resources for other uses.
- Relieve the pressure of short-term cash needs, allowing your business to grow.
- Take advantage of supplier discounts or unexpected opportunities.
- Complement your underlying business cycle and its seasonality.
- Effective financing of asset conversion cycle, relieving pressure on Working Capital and short-term cash flow, allowing you to meet supplier demands, customer requirements and growth needs.
Choice and Flexibility
- Committed or uncommitted
- Rates: FHLB or Prime-based, fixed or floating, flexible advance rates
- Subject to borrowing base or cash flows.
- Customized packages for seasonal over-advance needs.
- Typical maturity 1 year.
to Apply today
We would be happy to answer questions about the loan application process. Give us a call at 1-888-256-3800 or email us today
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The above material is for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any product or service referred to herein. All decisions to extend credit or make investments are subject to Beacon Federal's credit and investment approval process. Beacon Federal is not offering tax or accounting advice. Be sure to consult with your tax or accounting advisor.
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